Listed by Upland Real Estate Group Inc
$1,350,000
Starbucks
Details
APN 03-118-21-41-0016
Property Type Retail
Sub Type Restaurant
Square Footage 1,650
Units 1
Cap Rate 5.5%
NOI $74,250
Tenancy Single
Brand/Tenant Starbucks
Lease Type NN
Lease Term 5
Lease Expiration 08/31/2030
Remaining Term 4.2
Rent Bumps Yes
Lease Options Two 5-Year
Price per SqFt $818
Year Built 2005
Buildings 1
Stories 1
Acreage 0.420
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 09/01/2025
Ground Lease No
Starbucks | High Visibility | Corporate Lease
Marketing description
Starbucks is located in Brooklyn Center, MN, a suburb located just north of Minneapolis. This property is located off of Brooklyn Blvd near Highway 100, where traffic counts average 69,000 vehicles per day. Other nearby tenants include Cub Foods, Taco Bell, McDonald's, Jimmy John's, Burlington, HOM Furniture, etc. This property is also located approximately 3 miles from TopGolf.
Investment highlights
- Corporate Lease: Starbucks is on a Corporate, NN lease with approximately 4 years remaining on the lease term.
- High-Visibility Retail Location: Starbucks is strategically positioned along Brooklyn Boulevard with 23,700+ vehicles per day, and offers convenient access to major transportation routes including Highway 100 (69,000+ VPD) and Interstate 694 (116,000+ VPD).
- Dense Surrounding Retail: The property is surrounded by a large concentration of national and regional retailers including Shingle Creek Crossing with Cub Foods, Taco Bell, McDonald's, LifeTime Fitness, Burlington, HOM Furniture, Panda Express, and numerous other dining and shopping destinations that drive consistent consumer traffic.
- Strong Demographics: The site benefits from a 5-mile population of approximately 324,678 residents with an average household income of $101,792.
- Seasoned Location: Starbucks has successfully operated at this site for over 20 years.
- Corporate National Tenant: Starbucks is one of the most recognized and creditworthy brands in the quick-service coffee industry, drawing consistent traffic throughout the day.
- First Ring Suburb: Brooklyn Center is a first-ring suburb northwest of Minneapolis known for its convenient access to major highways, diverse community, and strong retail and commercial presence anchored by Shingle Creek Crossing and nearby regional amenities.
Listing Contacts
Listed by Upland Real Estate Group Inc
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$74,250.00
$6,187.50/mo
Valuation Metrics
0
DSCR
5.5%
Cap Rate
5.5%
ROI
Map
Zoning
MX-C MixedMixed UseCommercial Mixed Use
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View all 89 uses Last updated Jun 2, 2026 For deeper zoning details, reports are available at Zoneomics
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