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29705454
29705455

2635 W Division St, St. Cloud, MN 56301 For Sale

SR
MN 40685007, CA 02101543 (+42)
ParaSell Inc
AI
CA 01847922
Pacific Commercial Investments Inc
ND
CA 02209091
Pacific Commercial Investments Inc
Listed by ParaSell Inc, Pacific Commercial Investments Inc
$3,764,000
149 days on market
Updated 35 days ago

Raising Cane's - #1 Visited Store in MN

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 3,028
NOI $169,400
Occupancy 100%
Tenancy Single
Brand/Tenant Raising Cane's
Lease Type Absolute NNN
Rent Bumps Yes
Acreage 1.130
Investment Type Net Lease

1.13 Acre Parcel | Exceptional Retail Corridor

Investment highlights

  • • Long-Term Corporate Single-Tenant NNN Investment
    - Absolute NNN Lease - Zero Landlord Responsibilities
    - Corporate Guarantee from Raising Cane’s Restaurants, LLC

  • #1 Most Visited Raising Cane’s In Minnesota (placer.ai)
    - Ranked #1 Raising Cane’s in Minnesota and in the top 84% nationwide in 2025 per Placer.ai
    - Exceptional operational success ensures long-term stability & security
    - Underscores the immense local demand and excellent retail location

  • Large 1.13 Acre Parcel Fronting Main Retail Corridor - 31,000+ Cars Per Day
    - Division Street is the main retail corridor of the city
    - Exceptional site characteristics with multiple points of ingress and egress
    from both directions
    - Bookended by two high traffic signalized intsersections
    - Division St. & 25th Ave - approx. 42,000+ Cars Per Day
    - Divison St. & 29th Ave - approx. 35,000+ Cars Per Day

  • Premier Retail Corridor - Dense Concentration of National Credit Tenants
    - Close Proximity to Crossroads Center - 890,000 SF Regional mall anchored
    by Target, Scheels, Jc Penney & Macy’s
    - Nearby tenants include: Costco, Walmart Supercenter, McDonald’s
    Walgreens, CVS, Dunkin’, Planet Fitness, Ross, TjMaxx, Firestone,
    Burger King and more

Listing Contacts

SR
MN 40685007, CA 02101543 (+42)
ParaSell Inc
AI
CA 01847922
Pacific Commercial Investments Inc
ND
CA 02209091
Pacific Commercial Investments Inc
Listed by ParaSell Inc, Pacific Commercial Investments Inc

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$169,400.00
$14,116.67/mo

Valuation Metrics

0
DSCR
4.5%
Cap Rate
4.5%
ROI

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Additional Information

Name
Jon Ruzicka
License
MN 40583288
Title
Broker of Record
Name
Scott Reid
License
40685007
Brokerage Phone
(949) 942-6578
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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