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1807 22nd Ave SW
Minot, ND 58701

$3,890,000 USD

Restaurant For Sale  •  8,114 SF

Property Details

• Property Type Restaurant
• Total Building Size 8,114 SF
• Lot Size 1.07 AC
• Building Class B
• Year Built 2014
• Cap Rate 7.00 %
• Tenancy Multiple
• Zoning C

0 Transit Score

48 Walk Score

Highlights

Two-Tenant Drive-Thru Investment; Pad to Hobby Lobby and Kohl’s: Corporate Panera Bread (w/ Drive-Thru) & Mattress Firm

Panera Bread reports extremely strong sales at this location

Located Near the Signalized Intersection of 22nd Ave SW and 16th St SW (33,500 CPD) and Located Directly at the On/Off Ramps of US 2/52 (15,900 CPD)

Positioned Across From Dakota Square Mall Providing Excellent Crossover Traffic: Tenants include Target, Ross, Scheels, TJ Maxx/HomeGoods & many more

Affluent Six-Figure Incomes: Average household income in excess of $104,000 in a 5-mile radius

Minot, ND Is A Growing Market That Has Experienced Over 16% Population Growth In The Past 10 Years

Cap Rate:

7.00 %

Public Transportation

Commuter Rail	Drive	Walk	Distance
Minot Amtrak Station (Empire Builder - Amtrak)	5 min	-	2.5 mi
Airport	Drive	Walk	Distance
Minot International	11 min	-	4.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	50
Type:	Surface
Included in Rent:	Yes