Home Depot - Brooklyn Park, MN

Jones Lang LaSalle Americas, Inc. (“JLL”), is pleased to exclusively offer for sale the fee-simple interest in Home Depot (the “Property”) located at 6701 Boone Ave N, Brooklyn Park, MN 55428. The 9.55 acre site is ground leased directly with Home Depot, Inc. The 115,227 SF building is a build-to-suit that was constructed in 1996. There is nearly 4 years of term remaining on the lease, which also includes three five-year extension options.

Home Depot, Inc. (NYSE: HD), which boasts an investment-grade credit rating and had over $154 billion in revenue in 2022, is a global leader in the home improvement retail industry, offering a wide range of building materials, tools, and home improvement products. Founded in 1978 and headquartered in Atlanta, Georgia, Home Depot operates a vast network of over 2,300 stores across North America. The Property has an excellent history of operations and renewals, and the location is in the top half of Home Depot stores across Minnesota.

The Property is ideally situated on the hard corner of I-94 and Boone Ave and is highly visible from both roadways. The site is also directly adjacent to the I-94/US-169 interchange; I-94 carries over 104,000 vehicles per day in the area and US-169 carries 83,000. Within a five-mile radius, there are nearly a quarter-million residents and the average household income is over $117,000.