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Tire Xpress | Minneapolis

$800,000

7501 Brooklyn Boulevard, Minneapolis, MN 55443

Active
Last Updated: 03/27/2026

7.9

Cap Rate

63,280

NOI

Details:
Cap Rate:    7.9%
NOI:    $63,280
Building Size:    2,200 sqft
Lot Area:    0.3 acres
Occupancy:    100%
Year Built:    1969
Tenancy:    Single
Description:

New Five-Year Lease
Tenant recently acquired this business and executed a new five-year lease.

High Residential Density
The property is situated within a densely populated trade area, with more than 450,000 residents residing within a five-mile radius.

Highly Traveled Retail Corridor
Located along the Brooklyn Blvd retail corridor, the property benefits from strong traffic counts and proximity to national big-box retailers, restaurants, and service-oriented businesses that drive consistent consumer activity to the area.

Established Automotive Use
The site has operated as a tire and automotive repair facility for the past 40+ years, demonstrating a long-standing and proven use at this location.

Attractive Price Point
An ideal acquisition opportunity for investors seeking to complete smaller 1031 exchanges or deploy capital to offset boot. Priced significantly below replacement cost.

NN Lease Structure
The property is leased on a NN basis, offering limited landlord responsibilities.

Map:
Documents:
Title
Tire_Xpress_-_Minneapolis_-_OM.pdf
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Location
Gallery