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Restaurant

DOMINO’S

27 Central Ave E, Saint Michael, MN 55376

Listing Price: $515,000

Cap Rate
6.49%
Tenant Name
Domino's
Years Remaining On Lease
4.1
Guarantor
Franchisee Guarantee
Rentable SF
2,396
Lease Type
Modified Gross
Rent Per Square Feet
$15.53

Investment Overview

30 Miles from Downtown Minneapolis, Minnesota

Downtown St Michael Location

Central Ave E – Traffic Counts: 13,609

Adjacent to Walgreens

Investment Highlights

  • Domino's has been in this Location Since 1991
  • Over Four Years Remaining – Leased Through 5/31/2028
  • Franchisee Guarantee – Six Locations (has been in Business with Domino's Since 1986)
  • Adjacent City Owned Parking Lot - Lowers Landlord Parking Lot Repairs & Replacements
  • Modified Gross Lease - Tenant Responsible for Utilities (Minimal Property Expenses)
  • Over 51,000 Residents Within Five Miles / Average Household Income of $129,062 Within Five Miles

Exclusively Listed By

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s) MN: 40583288

    Minnesota

Financing By

Listing Price: $515,000

Cap Rate
6.49%
Tenant Name
Domino's
Years Remaining On Lease
4.1
Guarantor
Franchisee Guarantee
Rentable SF
2,396
Lease Type
Modified Gross
Rent Per Square Feet
$15.53

Investment Highlights

  • Domino's has been in this Location Since 1991
  • Over Four Years Remaining – Leased Through 5/31/2028
  • Franchisee Guarantee – Six Locations (has been in Business with Domino's Since 1986)
  • Adjacent City Owned Parking Lot - Lowers Landlord Parking Lot Repairs & Replacements
  • Modified Gross Lease - Tenant Responsible for Utilities (Minimal Property Expenses)
  • Over 51,000 Residents Within Five Miles / Average Household Income of $129,062 Within Five Miles

Investment Overview

30 Miles from Downtown Minneapolis, Minnesota Downtown St Michael Location Central Ave E – Traffic Counts: 13,609 Adjacent to Walgreens

Exclusively Listed By

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s): MN: 40583288

    Minnesota

Financing By

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