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31849057
31849058

3480 Highpoint Dr N, Oakdale, MN 55128

BB
MN MN 40546562, WI WI 56114 (+1)
Brisky Net Lease
LC
MN 40962508
Brisky Net Lease
Listed by Brisky Net Lease
$3,542,857
116 days on market
Updated 45 days ago

Chipotle | Oakdale, MN

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 2,325
Cap Rate 5.25%
NOI $186,000
Occupancy 100%
Tenancy Single
Brand/Tenant Chipotle
Lease Type NN+
Lease Term 15
Lease Expiration 03/01/2041
Remaining Term 14.7
Rent Bumps Yes
Lease Options Four 5-Yr
Price per SqFt $1,524
Year Built 2026
Buildings 1
Acreage 0.610
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 03/01/2026
Occupancy Date 03/01/2026
Ground Lease No

Retail | 5.25% CAP | 2,325 SqFt

Marketing description

New 2026 Construction
Brand new construction featuring a new 15-year lease with rent commencement in March 2026.

Strong Area Accessibility
Located directly adjacent to I-694 and other major arterial roads, benefiting from consistent traffic flow and strong regional connectivity.

Employment-Driven Retail Location
Situated directly within the 4Front campus, encompassing over 500,000 square feet of office and lab space. The property is part of a new retail development serving the campus and the surrounding area.

Strong Demographics
Oakdale benefits from steady population growth and favorable demographics, supporting consistent demand. The population within a 3-mile radius exceeds 50,000, with average household incomes of over $117,000, well above the national average.

Proximity to the Twin Cities
Conveniently located approximately 10 miles east of St. Paul and 20 miles east of Minneapolis. Oakdale is consistently recognized nationally as a desirable place to live and work, with strong schools and close proximity to major employment centers.

Listing Contacts

BB
MN MN 40546562, WI WI 56114 (+1)
Brisky Net Lease
LC
MN 40962508
Brisky Net Lease
Listed by Brisky Net Lease

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$186,000.00
$15,500.00/mo

Valuation Metrics

0
DSCR
5.25%
Cap Rate
5.25%
ROI

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Additional Information

Name
Brian Brisky
License
MN 40546562
Name
Lexi Caloud
License
40962508
Brokerage
Brisky Net Lease
Title
Associate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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