Starbucks for Sale in Brooklyn Center, MN
Brooklyn Center, MN
Key Investment Metrics
Price
$1,350,000
Cap Rate
5.5%
Net Operating Income
$74,250
Building Size
1650 SF
Land Area
0.42 Acres
Remaining Term
4.1 years
Lease Expiration
08/31/2030
Lease Term
5 years
Lease Commencement
09/01/2025
Lease Type
NN
Tenant Credit
Corporate Guarantee
Year Built
2005
Tenancy
Single
Rent Increases
Years 1-5: $74,250.00; Option 1: $81,675.00; Option 2: $89,842.50
Property overview
Starbucks in Brooklyn Center
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 1,650 SF
- Land area
- 0.42 acres
- Year built
- 2005
- Lease type
- NN
- Lease expiration
- 08/31/2030
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.