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Moorhead, MN 56560

Starbucks

Property Address

805 37th Avenue South, Moorhead, MN, USA

Offering Summary

  • Price: $2,721,000
  • Lot Size: .87 Acres
  • Cap Rate: 6.10%
  • Year Built: 2024
  • Building SF: 1,500
  • Status: Available
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  • Brand New 10-Year Corporate Lease with Starbucks (NASDAQ: SBUX)
  • High-Quality 2024 Construction of Starbucks New Drive-Thru Prototype
  • 10 Percent Rental Increases Every Five Years Throughout the Initial Term and Multiple Renewal Options - Rare for New Starbucks Leases
  • Excellent Frontage and Accessibility At Hard-Corner Signalized Intersection of 8th St S/US-75 & 37th Ave S (20,230+ Combined Cars per Day)
  • Located Beside Upcoming Developments in Azool Plaza Anchored by Hornbacher's Grocery Store
  • Central Location with Close Proximity to Minnesota State University Moorhead & North Dakota University
  • Immediate Proximity to I-94, with Over 69,900 Cars Per Day
  • Direct Connection to Central Moorhead, MN, Downtown Fargo, ND, and Hector International Airport

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