929 South Main Street
About This Property for Sale
Marketing description
Founded in 1992, Caribou Coffee is the second largest company-operated premium coffeehouse in the United States with nearly 400 company-owned locations nationwide. Caribou Coffee also has over 120 domestic license locations in 22 states, and over 200 international franchise stores in 11 countries. Caribou Coffee provides high quality, handcrafted beverages and food options to fuel life’s adventures, both big and small. Known for a commitment to sustainability, the Company was the first major U.S. coffeehouse to serve 100% Rainforest Alliance Certified™ coffees and espresso. Caribou Coffee products can also be found in grocery stores, mass retailers, club stores, foodservice providers, hotels, entertainment venues and online.
Investment highlights
New Drive-Thru Small Format “Cabin” Concept
This site is Caribou Coffee’s “Cabin” concept, featuring the new drive-up and walkup only format. Caribou has aggressively expanded its store count with multiple new “Cabin” locations throughout the Midwest.
10-Year Lease
Caribou Coffee signed a 10 year lease commencing in July of 2023, and has 7 years of term remaining.
Primary Thoroughfare
Property is located in the primary retail corridor of E Pioneer Rd and S Main St with over 11,200 VPD.
Panera Bread Merger
In the fall of 2021, Caribou Coffee merged with Panera Bread and Einstein Bros. Bagels to form Panera Brands. Panera Brands consist of 4,000 units in total and over a 100,000+ employees globally.
Dominant Regional Coffee Brand
Minnesota/Wisconsin has the highest concentration of Caribou locations nationally.
Property is Located Near I-41
This location capitalizes on high traffic flow next to Interstate 41 with nearly 42,600 VPD
by the subject property.
Nearby University of University of Wisconsin Oshkosh-Fond du Lac
Property is located 6 miles away from the following three colleges: University of Wisconsin Oshkosh - Fond du Lac, Marian University Center for Health Professions, and Moraine Park Technical College.
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