The Good Bread Company 1020 E Frankin Ave 18,480 SF 100% Leased Industrial Building Minneapolis, MN 55404 $4,670,000 ($252.71/SF) 7.10% Cap Rate

Industrial Properties Minnesota Minneapolis 1020 E Frankin Ave, Minneapolis, MN 55404

EXECUTIVE SUMMARY

Kwekel Companies is pleased to offer the sale leaseback of The Good Bread Company’s 18,480 square foot industrial building located on a 1 acre site in Minneapolis, MN. The Good Bread Company will execute a new 15 year absolute NNN lease at closing.

ATTACHMENTS

The Good Bread Company - OM

PROPERTY FACTS

Price $4,670,000
Price Per SF $252.71
Sale Type Investment NNN
Cap Rate 7.10%
Sale Condition Sale Leaseback
Property Type Industrial
Property Subtype
Food Processing
  • Industrial Distribution
  • Industrial Food Processing
Building Class C
Lot Size 1.01 AC
Rentable Building Area 18,480 SF
No. Stories 1
Year Built 2003
Parking Ratio 1.62/1,000 SF
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
1 of 1
Walk Score®
Very Walkable (81)
Bike Score®
Biker's Paradise (96)

PROPERTY TAXES

Parcel Numbers
Multiple
  • 26-029-24-34-0183
  • 26-029-24-34-0024
 Improvements Assessment $1,807,600
Land Assessment $659,900 Total Assessment $2,467,500

ZONING

Zoning Code I1 (Industrial Zoned District)

CONTACT

  • Listing ID: 34902080

  • Date on Market: 2/21/2025

  • Last Updated:

  • Address: 1020 E Frankin Ave, Minneapolis, MN 55404

More public record information on 1020 E Frankin Ave, Minneapolis, MN 55404

The Ventura Village Industrial Property at 1020 E Frankin Ave, Minneapolis, MN 55404 is currently available. Contact Kwekel Companies for more information.

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