- For Sale $1,990,000
- Property Type Retail
- Lot Size 0.49 SF
- Date Updated Apr 27, 2024
The Snyder Carlton National Net Lease Team is pleased to offer to qualified investors an opportunity to acquire a single tenant net leased investment occupied by Starbucks corporate located in the popular Minneapolis neighborhood of Saint Anthony, MN. Ranked no. 2 in the state for total visits (Creditntell – 2022), this location has five lease years remaining on the primary term, four 5-year option periods, and 10% rental increases every 5 years. The subject property comprises a 3,421 SF building with drive-thru and on a 0.49-acre parcel adjacent to Silver Lake Village Shopping Center and surrounded by over 3,600 multi-family units within a mile. The Ruby luxury apartments is a brand new multi-family complex of approximately 496 units located adjacent to the property.
Positioned directly on Silver Lake Road this property has excellent ingress/egress, sees over 18,000 VPD, and is within 15 minutes of downtown Minneapolis, which has an MSA population exceeding 2.9 million. Nearby retailers include Cub Foods (ranked 6th nationally – Creditntell – 2022), Chipotle, Cold Stone Creamery, Culvers, Walgreens, Anytime Fitness, and Valvoline. This is an excellent opportunity to own a single tenant investment grade drive-thru asset, with rent increases every option period and minimal landlord responsibilities.
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Location
Getting Around
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Walk Score ®
68/100
Somewhat Walkable
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Bike Score ®
59/100
Bikeable
- City Minneapolis, MN
- Neighborhood St. Anthony
- Zip Code 55421
- Market Minneapolis St Paul
Points of Interest
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Fridley
3.84 miles
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Stadium Village
4.32 miles
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East Bank
4.43 miles
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Prospect Park
4.53 miles
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Target Field
4.69 miles
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West Bank
4.71 miles
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Target Field - Platform 1
4.72 miles
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Target Field - Platform 2
4.72 miles
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U.S. Bank Stadium
4.74 miles
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Warehouse District/Hennepin Avenue
4.75 miles
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Murphys Service Center
1.21 miles
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St. Anthony Mobil
1.41 miles
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St. Anthony Mobil
1.42 miles
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Marathon
1.67 miles
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Winners Gas and Auto Repair
1.74 miles
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Prime Market and Deli
1.75 miles
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Minnoco Xpress
1.80 miles
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Wash N Fill
2.01 miles
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BP
2.12 miles
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Speedway
2.23 miles
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Stan Koch & Sons Trucking, Inc. - Trailer Yard
1.42 miles
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St. Anthony Center Parking
1.50 miles
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Turbo Tim's Parking
1.82 miles
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I-35W & Industrial Blvd
2.24 miles
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Koch Trucking - Tractor Parking
2.95 miles
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Stan Koch & Sons Trucking, Inc. - Truck Parking
3.02 miles
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West Lot
3.04 miles
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Life Time Fitness Parking
3.15 miles
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St. Phillip's Lutheran Church
3.20 miles
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SoHo
3.22 miles
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Culver's
0.30 miles
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McDonald's
1.08 miles
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Perkins
1.14 miles
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Sarpino's Pizzeria
1.26 miles
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Dairy Queen
1.38 miles
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Village Pub
1.39 miles
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Hazel's Northeast
1.46 miles
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Subway
1.47 miles
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Great Dragon Buffet
1.52 miles
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Dairy Queen
1.53 miles
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Cub Foods
0.26 miles
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Dong Yang
1.83 miles
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ALDI
1.94 miles
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Walmart Supercenter
2.03 miles
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ALDI
2.05 miles
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Eastside Food Co-op
2.08 miles
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Target
2.28 miles
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Cub Foods
2.30 miles
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Costco Business Center
2.53 miles
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Target
2.57 miles
Frequently Asked Questions
What is the lease rate for Starbucks - Hard Corner PAD?
Rental asking rate at Starbucks - Hard Corner PAD is $995,000.00/YR.
What is the total square footage of Starbucks - Hard Corner PAD?
Starbucks - Hard Corner PAD totals 3,421 square feet.
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