Caribou Coffee - Zimmerman, MN_판매용 부동산
Caribou Coffee - Zimmerman, MN_판매용 부동산
12495 5th Ave N, Zimmerman, MN, 55398-6501, US

Caribou Coffee - Zimmerman, MN

자산 설명

Jones Lang LaSalle Americas, Inc. (“JLL”), is pleased to exclusively offer for sale the fee-simple interest in Caribou Coffee located at 12495 5th Ave N in Zimmerman, MN, within the Minneapolis-St. Paul metro. This newly constructed build-to-suit asset is 100% leased to Caribou Coffee corporate. The 554 SF building sits on .33 acres of land and features Caribou Coffee's new “Cabin” concept, which is a drive-thru and walk-up only format. The tenant signed a 10-year NNN lease, which features 10% rent escalations every five years and commenced in December of 2022, leaving over 8 years remaining.


Caribou Coffee is the market-dominant coffee chain in Minnesota, with more locations than Starbucks and Dunkin' Donuts combined. With over 770 locations across the globe, Caribou Coffee is quickly increasing their share of the coffee market. Caribou Coffee is part of a portfolio of complementary brands bound by common values, Panera Brands, comprised of Panera Bread®, Caribou Coffee® and Bagel Brands.


The property is located on the corner of and is highly visible from 5th Ave N and US-169, the latter of which is the primary north-south arterial thoroughfare serving Zimmerman. The site is ideally situated with a grocer immediately to the south and 128 units of newly developed luxury apartments the the north. In additional to its proximity to major roadways and traffic drivers, the asset is also supported by an affluent consumer base. Within a three-mile radius, the average household income is $124,000, 16% higher than the national average.


Please see OM for more info.

...

개요

토지 총면적
0.13 헥타르
WAULT
8.5 년
건물 총면적
51 제곱미터
점유율
100%
건축년도
2022
요청 가격
₩1,772,884,000
Cap rate
7%

미디어

투자 하이라이트

New Build-to-Suit Construction with Over 8 Years of Term Remaining

- Caribou Coffee's 10 year lease, which includes 10% rent escalations every five years, commenced in December of 2022, leaving over 8 years of term remaining

- In 2022, the building was constructed with modern and distinct design elements according to Caribou's specifications


Corporate Lease with Market Dominant Coffee Chain

- Caribou Coffee is the market-dominant coffee chain in Minnesota, with more locations than Starbucks and Dunkin' Donuts combined

- Caribou Coffee is a subsidiary of Panera Brands, which includes other well-known, successful companies such as Panera Bread and Einstein Bros. Bagels


High Visibility from Arterial Roadway

- The property is located on the corner of and is highly visible from 5th Ave N and US-169

- US-169 is the primary roadway linking Zimmerman to Minneapolis and is currently being expanded to carry even more traffic to the northwest suburbs of the Twin Cities


Situated Near Traffic Drivers and New Development

- The property is within walking distance to the local grocer and Zimmerman High School, which are sure to drive traffic to the site

- The site is located directly south of Courtyard Apartments, a 128-unit luxury complex that was completed in 2023


Caribou Coffee - Zimmerman, MN 4_판매용 부동산
Caribou Coffee - Zimmerman, MN 4_판매용 부동산

담당자에게 연락하기

Caribou Coffee - Zimmerman, MN (0 부동산)
질문이 있으신가요? FAQ 페이지를 방문해보세요
FAQ 페이지 보기Arrow Right
JLL은 포트폴리오를 금융화하고 관리하는 데 도움을 줄 수 있습니다. 오늘 이메일을 보내어 어떻게 당신의 야망을 달성할 수 있을지 알아보세요.
마지막 업데이트
2024년 5월 16일