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Miscellaneous

Home Depot

6701 Boone Avenue N, Brooklyn Park, MN 55428

Listing Price: $27,300,000

Cap Rate
6.10%
Tenant Name
Home Depot
Years Remaining On Lease
7.2
Gross SF
115,227
Guarantor
Corporate Guarantee
Rentable SF
115,227
Price/Gross SF
$236.92
Lease Type
NNN Ground Lease
Rent Per Square Feet
$14.45

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale a Home Depot in Brooklyn Park, MN,

Investment Highlights

  • ???????EARLY EXERCISE OF FIVE-YEAR OPTION | EXTENDS CURRENT TERM THROUGH AUGUST 2032
  • LONG TERM OPERATING HISTORY
  • 5.4M SF OF INDUSTRIAL REAL ESTATE ADJACENT TO SUBJECT PROPERTY
  • EASY EGRESS & INGRESS OFF I-94
  • AFFLUENT SURROUNDING POPULATION IN DENSE 5-MILE RADIUS

Exclusively Listed By

Broker of Record

  • Jon Ruzicka

    Managing Director Investments

    (952) 852-9700

    License(s) MN: 40583288

    Minnesota

Listing Price: $27,300,000

Cap Rate
6.10%
Tenant Name
Home Depot
Years Remaining On Lease
7.2
Gross SF
115,227
Guarantor
Corporate Guarantee
Rentable SF
115,227
Price/Gross SF
$236.92
Lease Type
NNN Ground Lease
Rent Per Square Feet
$14.45

Investment Highlights

  • ???????EARLY EXERCISE OF FIVE-YEAR OPTION | EXTENDS CURRENT TERM THROUGH AUGUST 2032
  • LONG TERM OPERATING HISTORY
  • 5.4M SF OF INDUSTRIAL REAL ESTATE ADJACENT TO SUBJECT PROPERTY
  • EASY EGRESS & INGRESS OFF I-94
  • AFFLUENT SURROUNDING POPULATION IN DENSE 5-MILE RADIUS

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale a Home Depot in Brooklyn Park, MN,

Exclusively Listed By

Broker of Record

  • Jon Ruzicka

    Managing Director Investments

    (952) 852-9700

    License(s): MN: 40583288

    Minnesota

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