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31343465
31343466

7501 Brooklyn Blvd, Minneapolis, MN 55443 For Sale

AP
MN 20395954
CBRE Minneapolis
Listed by CBRE Minneapolis
$800,000
108 days on market
Updated 108 days ago

Tire Xpress | Minneapolis

Details
APN 28-119-21-13-0020
Property Type Retail
Sub Type Auto Shop, Storefront
Square Footage 2,200
Units 1
Cap Rate 7.90%
NOI $63,280
Occupancy 100%
Tenancy Single
Price per SqFt $364
Year Built 1969
Acreage 0.300

Retail | 7.90% CAP | 2,200 SqFt

Marketing description

New Five-Year Lease

Tenant recently acquired this business and executed a new five-year lease.

High Residential Density

The property is situated within a densely populated trade area, with more than 450,000 residents residing within a five-mile radius.

Highly Traveled Retail Corridor

Located along the Brooklyn Blvd retail corridor, the property benefits from strong traffic counts and proximity to national big-box retailers, restaurants, and service-oriented businesses that drive consistent consumer activity to the area.

Established Automotive Use

The site has operated as a tire and automotive repair facility for the past 40+ years, demonstrating a long-standing

and proven use at this location.

Attractive Price Point

An ideal acquisition opportunity for investors seeking to complete smaller 1031 exchanges or deploy capital to offset

boot. Priced significantly below replacement cost.

NN Lease Structure

The property is leased on a NN basis, offering limited landlord responsibilities.

Listing Contacts

AP
MN 20395954
CBRE Minneapolis
Listed by CBRE Minneapolis

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$63,280.00
$5,273.33/mo

Valuation Metrics

0
DSCR
7.91%
Cap Rate
7.91%
ROI

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