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29789246
29789244

2535 Division St N, North Saint Paul, MN 55109

MM
40725272
Brisky Net Lease
DM
NC 350279, SC 140398
Brisky Net Lease
Listed by Brisky Net Lease
$1,674,998
130 days on market
Updated 40 days ago

Burger King | North St. Paul, MN

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 3,997
Cap Rate 7%
NOI $117,250
Occupancy 100%
Tenancy Single
Brand/Tenant Burger King
Lease Type Absolute NNN
Lease Expiration 10/31/2032
Remaining Term 6.3
Rent Bumps Yes
Lease Options Two 5-Year
Price per SqFt $419
Year Built 1987
Year Renovated 2017
Buildings 1
Acreage 1.230
Investment Type Net Lease
Ground Lease No

Retail | 7.00% CAP | 3,997 SqFt

Marketing description

Absolute NNN Investment Opportunity -
Zero landlord responsibilities with a long-term, stable tenant and over 7 years remaining on the lease.

High-Growth Store with Percentage Rent Structure -
Inflation-resistant percentage rent structure providing maximum upside potential, with a high-growth store showing strong 12-month trends.

Long-Term Tenant with Large Franchisee Operator -
Burger King has been successfully operating at this location for over 36 years. Location is managed by Dhanani Group, the 3rd largest operator in the brand system with 550+ locations.

Prime Visibility & Access -
Strategically positioned directly off Highway 36, this property benefits from high exposure to 37,000+ vehicles daily, ensuring maximum visibility for customers. With easy access to major highways, the property is well-connected to the broader Twin Cities metro area, offering convenience for both customers and employees.

Spacious Lot with Drive-Thru -
The property sits on a 1.23-acre lot, providing ample space for customer parking as well as a drive-thru lane to enhance its convenience.

Strong Demographics -
The property is located in an area with consistent population growth and strong demographics, with a 5-mile population of over 175,000 and an average household income of over $109,000.

Tenant Report Sales -
Annual sales reporting provided by the tenant.

Listing Contacts

MM
40725272
Brisky Net Lease
DM
NC 350279, SC 140398
Brisky Net Lease
Listed by Brisky Net Lease

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$117,250.00
$9,770.83/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

Map

Zoning

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MU3 MixedMixed UseCorridor Mixed Use
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Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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