Popeyes

13533 60th Street North, Stillwater, MN

$2,000,000

Price

5%

Cap Rate

$100,000

NOI

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Street
Map
Overview
Cap Rate
5%
NOI
$100,000
Building Size
2,515 sqft
Lot Area
0.88 acres
Occupancy
100%
Lease Type
Triple Net
Year Built
2023
Zoning
B4 Limited Business District
Tenancy
Single
Gross Leaseable Area
2515
Description

Mid-America Real Estate Minnesota is pleased to present the opportunity to acquire a Single Tenant NNN Ground Leased Popeye’s Louisiana Kitchen, located in the east Minneapolis-St Paul suburb of Oak Park Heights, Minnesota.

Highlights
  • BELOW MARKET GROUND RENT
  • HIGH BARRIER TO ENTRY MARKET
  • HIGHEST DEMAND RETAIL INTERSECTION IN SUBMARKET
  • AFFLUENT DEMOGRAPHICS
  • NEW 2023 CONSTRUCTION
Documents
Title
MDAM_2024_Popeyes_Oak_Park_Heights_FLYER.pdf
View
MDAM_2024_Popeyes_Oak_Park_Heights_OM_lr.pdf
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Location
Gallery