Starbucks
$1,350,000
5512 Brooklyn Boulevard, Minneapolis, MN 55429
For Sale
Retail
Free Standing
Active
Last Updated: 07/08/2026
5.5
Cap Rate
74,250
NOI
Details:
Cap Rate: 5.5%
NOI: $74,250
Building Size: 1,650 sqft
Lot Area: 0.42 acres
Occupancy: 100%
Lease Type: Double Net
Year Built: 2005
Tenancy: Single
Highlights:
- Corporate Lease: Starbucks is on a Corporate, NN lease with approximately 4 years remaining on the lease term.
- High-Visibility Retail Location: Starbucks is strategically positioned along Brooklyn Boulevard with 23,700+ vehicles per day, and offers convenient access to major transportation routes including Highway 100 (69,000+ VPD) and Interstate 694 (116,000+ VPD).
- Dense Surrounding Retail: The property is surrounded by a large concentration of national and regional retailers including Shingle Creek Crossing with Cub Foods, Taco Bell, McDonald’s, LifeTime Fitness, Burlington, HOM Furniture, Panda Express, and numerous other dining and shopping destinations that drive consistent consumer traffic.
- Strong Demographics: The site benefits from a 5-mile population of approximately 323,199 residents with an average household income of $104,653.
- Seasoned Location: Starbucks has successfully operated at this site for over 20 years.
- Corporate National Tenant: Starbucks is one of the most recognized and creditworthy brands in the quick-service coffee industry, drawing consistent traffic throughout the day.
- First Ring Suburb: Brooklyn Center is a first-ring suburb northwest of Minneapolis known for its convenient access to major highways, diverse community, and strong retail and commercial presence anchored by Shingle Creek Crossing and nearby regional amenities.
Description:
Starbucks is located in Brooklyn Center, MN, a suburb located just north of Minneapolis. This property is located off of Brooklyn Blvd near Highway 100, where traffic counts average 69,000 vehicles per day. Other nearby tenants include Cub Foods, Taco Bell, McDonald’s, Jimmy John’s, Burlington, HOM Furniture, etc. This property is also located approximately 3 miles from TopGolf.
Documents:
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Starbucks_-_Brooklyn_Center__MN_MP.pdf
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Location
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