6405 James Cir N - Restaurant FOR SALE
Minneapolis, MN 55430 |
$1,250,000 USD
602-922-3427
6405 James Cir N
Minneapolis, MN 55430
HIGHLIGHTS
- As of November 2nd, 2024, the Brooklyn Center City Council approved transformative master plans for a reimagined ±80-acre downtown redevelopment
- The redevelopment aims to position downtown Brooklyn Center as a central hub for the surrounding community.
- The property is strategically located in a densely populated area with a 5-mile radius encompassing 310,019 people.
- Situated along I-694, one of the busiest thoroughfares in the region, the property benefits from over ±134,000 vehicles passing daily, providing excep
- The tenant, a seasoned operator, currently operates multiple other locations throughout Minnesota.
- The lease is structured as an Absolute NNN, ensuring that the tenant is responsible for all property-related expenses including taxes, insurance
FOR SALE DETAILS
PRICE
$1,250,000 USD
PRICE/SF
$238 USD /SF
CAP RATE
8.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Denny's
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1996
SPRINKLERS
-
PARKING SPACES
63
LAND DETAILS
LAND ACRES
1.01 AC
LAND SF
43,996 SF
ZONING
-
APN/PARCEL ID
35-119-21-42-0012
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602-922-3427
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602-922-3427
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