1202 State Hwy 25 N - Fast Food FOR SALE


Buffalo, MN 55313- Wright Far Western Suburbs
$3,087,719 USD
847-562-8500
1202 State Hwy 25 N, Buffalo, MN for Sale
$3,087,719 USD
Fast Food - FOR SALE
1/4
null | 5.67% Cap Rate

1202 State Hwy 25 N
Buffalo, MN 55313
Wright Far Western Suburbs


HIGHLIGHTS

  • Positioned within the Minneapolis MSA – Ranked #16 in the United States for population size
  • New 10-year lease
  • New construction
  • Located along MN State Highway 25 (17,800 VPD) & within proximity to MN State Highway 55 (21,800 VPD)
  • Affluent community - $110,085 average household income within five miles
  • Within walking distance of Buffalo Hospital (65 beds) & Buffalo Middle School (1,100+ students)

OVERVIEW

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Starbucks property positioned within the Minneapolis MSA in Buffalo, Minnesota. The new 10-year lease runs through February 2035. The lease features rental escalations every five years throughout the primary term and four 5-year renewal options. The 2,230 square-foot building benefits from its position at a signalized intersection along Minnesota State Highway 25 which experiences over 17,800 vehicles per day. The property is also just two blocks north of Minnesota State Highway 55 which leads directly to downtown Minneapolis and carries 21,800 vehicles per day. The property is ideally situated across from a Walmart Supercenter and near key demand drivers such as Buffalo Hospital and Buffalo Middle School (1,100+ students). The surrounding retail corridor attracts consistent consumer traffic, with neighboring tenants including Chipotle, O’Reilly Auto Parts, TrueValue, Walgreens, McDonald’s, Wells Fargo, Culver’s, Ford, Chevrolet, and more. The trade area is home to over 22,000 residents within a five-mile radius, boasting a strong average household income of $110,085. Starbucks Corporation (NASDAQ: SBUX) is an American global coffee company and coffeehouse chain based in Seattle, Washington. Starbucks was founded in 1985 as a local coffee bean roaster and retailer and has grown into the largest coffeehouse company in the world. In recent years, Starbucks has expanded exponentially, more than doubling its units over the past 10 years. The number of Starbucks stores worldwide exceeded 35,000 in 2024. Starbucks is an investment grade rated company with a Standard & Poor’s rating of BBB+.

FOR SALE DETAILS

PRICE

$3,087,719 USD

PRICE/SF

$1,385 USD /SF

CAP RATE

5.67%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,443 SF

ZONING

-

APN/PARCEL ID

103-075-001010

ASK ABOUT THIS PROPERTY

Jimmy GoodmanThe Boulder GroupMore Info
847-562-8500

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Jimmy GoodmanThe Boulder GroupMore Info
847-562-8500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.