Einzelhandel

Caribou Coffee - Red Wing

3038 N Service Dr, Red Wing, MN, 55066-1921, US

Caribou Coffee - Red Wing_Immobilie zu verkaufen

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Objektbeschreibung

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer for sale the fee-simple interest in a newly developed, single-tenant Caribou Coffee in Red Wing, MN, located just outside of the Minneapolis-St. Paul MSA. Caribou Coffee, which has more locations in Minnesota than Starbucks and Dunkin Donuts combined, is the dominant coffee chain in the state. This triple net investment presents a unique opportunity to obtain steady, reliable cash flows from a high-quality tenant.

Eigenschaften

Asking Price
1.915.000 €
Building Area
51 m²

Investment-Highlights

INNOVATIVE CARIBOU “CABIN” CONCEPT 

This site features Caribou Coffee’s new “Cabin” concept, a drive-up and walk-up only format. This innovative building design minimizes the company use of real estate and maximizes efficiency in service, reducing costs and increasing profitability


MARKET-DOMINANT COFFEE CHAIN

Caribou Coffee is the dominant coffee chain in Minnesota with more locations in the state than Starbucks and Dunkin’ Donuts combined


NEW 10 YEAR LEASE WITH 10% BUMPS

Caribou recently signed a 10 year lease. The lease features 10% rent bumps every 5 years, increases which continue through the option periods


NEW CONSTRUCTION

The building is newly constructed according to Caribou Coffee’s specifications. The recent construction reduces future costs of potential capital expenditures

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Zuletzt aktualisiert
25. Jan. 2023