About This Restaurant
Investment Highlights
20 year absolute NNN lease providing passive ownership opportunity. The average household income within a 3 mile radius is $112,000. Situated just off Egan Dr, which has a traffic count of approximately 39,000 VPD. Located near other national tenants such as Target, Costco, TJ Maxx, Home Goods, The Home Depot, and more including Burnsville Center Mall.
Executive Summary
Fresh Dining Concepts currently operates 165 stores they operate across 18 states.
Property Details
- Sale Type Investment NNN
- Property Type Retail
- Property Subtype Restaurant
- Building Size 1,052
- Year Built 2023
- Price 2,647,000
- Price Per SF 2,516
- Cap Rate 6.50
- NOI 172,055
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.03
- Land Acres 0.80 AC
Nearby Amenities & Transportation
| Retail | Caribou Coffee | ||
| Retail | IHOP | ||
| Retail | Outback Steakhouse | ||
| Retail | Cub Foods | ||
| Retail | La Fitness | ||
| Retail | Olive Garden Italian Rstrnt | ||
| Retail | WW | ||
| Retail | Red Lobster | ||
| Retail | Orangetheory Fitness | ||
| Retail | Starbucks |
Property Taxes
| Parcel Number | 02-56666-01-010 | Improvements Assessment | $184,200 |
| Land Assessment | $0 | Total Assessment | $184,200 |
| Date Created: | 2024-07-16 04:16:20 | Last Updated: | 2024-07-16 04:16:20 |
| Address: | 2111 County Road 42 West , Burnsville, Minnesota, 55306 | ||