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NEC of Parrish NE & 88th St ave
Otsego, MN 55330

$2,683,000 USD

General Retail For Sale  •  1,750 SF

Property Details

  • Property Type General Retail
  • Total Building Size 1,750 SF
  • Lot Size 0.68 AC
  • Year Built 2024
  • Tenancy Single
0 Transit Score
47 Walk Score

Highlights

Starbucks signed a 10 year net lease, which does not include a termination option and leaves minimal responsibilities for the Landlord
The building is brand new construction with high- quality materials and distinct design elements
The lease is directly with Starbucks Corporation, which is publicly traded and boasts an investment- grade credit rating
The property is situated directly adjacent to a Target and a newly developed Coborn's Grocery
The property is less than half a mile from MN-101, an arterial roadway that carries 52,000 VPD

Amenities

  • Drive Thru

Public Transportation

Commuter RailDriveWalkDistance
Elk River Station (Northstar Corridor - Northstar Commuter Rail) 5 min - 2.3 mi
Ramsey Station & Platform (Northstar Commuter Rail - Metro Transit) 12 min - 7.9 mi
Matt Hazelton 612-396-7723 JLL
Matt Hazelton 612-396-7723 JLL