3450 High Point N - Retail FOR SALE


Oakdale, MN 55128
$2,991,453 USD
612-413-4200
3450 High Point N, Oakdale, MN for Sale
$2,991,453 USD
Retail - FOR SALE
1/9

3450 High Point N
Oakdale, MN 55128


HIGHLIGHTS

  • Brand New 2024 Construction - Brand new location with a new 10-year lease.
  • Strategic Location - Situated directly in front of the 4Front campus, a development featuring over 500,000 square feet of office and lab space.
  • Strong Demographics - The population within a 10-mile radius of the property is over 630,000 with an avg. HH income of over $117,000.
  • Proximity to the Twin Cities - Conveniently located about 10 miles east of St. Paul and 20 east of Minneapolis.
  • Investment Grade Tenant

OVERVIEW

Brand New 2024 Construction - Brand new location with a new 10-year lease with rent commencement in March 2025. Great opportunity to invest in a brand-new location of the world's largest coffee house chain with limited landlord responsibilities. Strategic Location - Situated directly in front of the 4Front campus, a development featuring over 500,000 square feet of office and lab space. This Starbucks is part of a new retail development in front of the campus and is positioned to have excellent access and visibility in a high-traffic area near I-694 and other busy thoroughfares. Strong Demographics - Oakdale benefits from steady population growth and favorable demographics, contributing to consistent demand in the area. The population within a 10-mile radius of the property is over 630,000 and the surrounding area has an average household income of over $117,000, exceeding the national average. Proximity to the Twin Cities - It is conveniently located about 10 miles east of St. Paul and 20 east of Minneapolis. Oakdale is consistently recognized nationally as a great place to live & work. The community has great schools and is close to major employment centers. Investment Grade Tenant - Starbucks Corporation (NASDAQ: "SBUX"), recognized as the leading coffee company globally, operates more than 40,199 locations and generated $36.2 billion in revenue in 2024.

FOR SALE DETAILS

PRICE

$2,991,453 USD

CAP RATE

5.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks | Oakdale, MN

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,382 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Brian BriskyBrisky Net LeaseMore Info
612-413-4200

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Brian BriskyBrisky Net LeaseMore Info
612-413-4200

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