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33890897
33890893

23705 Minnesota 65, East Bethel, MN 55005 For Sale

BB
MN MN 40546562, WI WI 56114 (+1)
Brisky Net Lease
Listed by Brisky Net Lease
$1,775,000
13 days on market
Updated 13 days ago

BP & Subway | East Bethel, MN

Details
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 3,585
Units 1
Cap Rate 6.76%
NOI $120,000
Occupancy 100%
Tenancy Single
Brand/Tenant Subway, BP
Lease Type Absolute NNN
Lease Term 15.1
Lease Expiration 06/30/2041
Remaining Term 15
Rent Bumps Yes
Lease Options Four 5-Year
Year Built 1996
Acreage 1.280
Investment Type Net Lease
Lease Commencement 05/29/2026
Ground Lease No

New 15-Yr NNN Lease | Twin Cities C-Store

Investment highlights

Absolute NNN Lease -

Secured by a new 15-Year NNN lease with 2% annual rent increases.

High-Visibility Corner Location -

Positioned on a prominent corner lot with multiple points of access and exceptional visibility along Highway 65, a heavily traveled commuter corridor with traffic counts exceeding 21,000 vehicles per day.

Prime Highway 65 Frontage -

Located directly along Highway 65, a major north–south arterial that connects the Twin Cities metro to the northern suburbs.

Adjacent Park-and-Ride Access -

Located next to a park-and-ride facility, providing consistent daily traffic and commuter exposure.

Strong Market Fundamentals -

Benefiting from tight vacancy conditions, with approximately 2.7% vacancy in the Minneapolis market and 2.9% vacancy in the Coon Rapids submarket, supporting long-term stability.

Growing Twin Cities Bedroom Community -

Located approximately 30 miles north of Minneapolis, East Bethel serves as an established and growing bedroom community for the Twin Cities, supported by steady residential growth and strong household demographics.

Essential Service Retail -

Gas stations remain recession-resistant assets and a critical part of the retail landscape, bolstering long-term viability. This location has limited competition and provides shopping options for essential items.

Listing Contacts

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

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$120,000.00
$10,000.00/mo

Valuation Metrics

0
DSCR
6.76%
Cap Rate
6.76%
ROI

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Additional Information

Name
Brian Brisky
License
MN 40546562
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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