Commerce

Caribou Coffee - Zimmerman

26319 2nd St E Ste E, Zimmerman, MN, 55398-6501, US

Caribou Coffee - Zimmerman_Actifs en vente

Galerie d'images

Description de l'actif

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 Zimmerman, MN, located within 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.

Caractéristiques de l'actif

Prix attendu

1 460 000 €

Surface de l'immeuble Brut

51 m²

Occupation

100,00 %

Année de construction

2022

Cap Rate

5,75 %

NOI

84 000 €

Points clés d'investissement

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