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Caribou Coffee 100 Paul Bunyan Dr NW

554 SF Retail Building Bemidji, MN 56601 $1,353,383 ($2,443/SF) 6.65% Cap Rate

Investment Highlights

  • New Drive-Thru Small Format “Cabin” Concept
  • Brand New Construction
  • High Traffic Corridor
  • New 10-Year Lease
  • Dominant Regional Coffee Brand With 450+ Locations Nationally
  • Close Proximity to Bemidji State University

Executive Summary

CBRE is exclusively offering for sale the fee simple interest to a new construction, free standing, Caribou Coffee located in Bemidji, MN. Caribou Coffee is the dominant regional coffee brand with more locations throughout the state of Minnesota than both Starbucks and Dunkin Donuts combined. The city of Bemidji has a population in excess of 22,000 and is home to Bemidji State University.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
554 SF
Building Class
B
Year Built
2022
Price
$1,353,383
Price Per SF
$2,443
Cap Rate
6.65%
NOI
$90,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.45 AC
Frontage
90 FT on Paul Bunyan Drive Northwe

Nearby Major Retailers

Buffalo Wild Wings
Caribou Coffee
Country Kitchen
Perkins Restaurant & Bakery
ALDI
Applebee's
  • Listing ID: 31333250

  • Date on Market: 3/26/2024

  • Last Updated:

  • Address: 100 Paul Bunyan Dr NW, Bemidji, MN 56601

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