About This Restaurant
Investment Highlights
New Drive-Thru Small Format ?Cabin? Concept Brand New Construction High Traffic Corridor New 10-Year Lease Dominant Regional Coffee Brand With 450+ Locations Nationally Close Proximity to Bemidji State University
Executive Summary
CBRE is exclusively offering for sale the fee simple interest to a new construction, free standing, Caribou Coffee located in Bemidji, MN. Caribou Coffee is the dominant regional coffee brand with more locations throughout the state of Minnesota than both Starbucks and Dunkin Donuts combined. The city of Bemidji has a population in excess of 22,000 and is home to Bemidji State University.
Property Details
- Sale Type Investment
- Property Type Retail
- Property Subtype Fast Food Fast Food General Retail Freestanding Fast Food
- Building Size 554
- Building Class B
- LoopNet Rating 4 Star
- Year Built 2022
- Price 1,353,383
- Price Per SF 2,443
- Cap Rate 6.65
- NOI 90,000
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.03
- Land Acres 0.45 AC
| Date Created: | 2024-07-16 04:16:20 | Last Updated: | 2024-07-16 04:16:20 |
| Address: | 100 Paul Bunyan Dr NW , Bemidji, Minnesota, 56601 | ||