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Auntie Anne’s & Jamba Juice 2111 County Road 42 West
1,052 SF Retail Building Burnsville, MN 55306 $2,647,000 ($2,516.16/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- 20 year absolute NNN lease providing passive ownership opportunity.
- The average household income within a 3 mile radius is $112,000.
- Situated just off Egan Dr, which has a traffic count of approximately 39,000 VPD.
- Located near other national tenants such as Target, Costco, TJ Maxx, Home Goods, The Home Depot, and more including Burnsville Center Mall.
EXECUTIVE SUMMARY
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
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- Retailer
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Auntie Anne's got its start in 1988 when Anne Beiler bought a stand in a Pennsylvania farmer's market. After some experimentation, "Auntie" Anne created a masterpiece — the same freshly baked goodness everyone knows and loves today. At Auntie Anne’s, a commitment to giving back isn’t merely a motto that hangs on a wall. It’s not a marketing stunt. From day one 30 years ago, giving back has been woven into the fabric of the company. “Auntie” Anne Beiler started baking pretzels to help fund her husband’s desire to provide free family counseling services for their community. He ultimately realized his dream and opened a counseling center. In, as she calls it, “a twist of fate,” Anne found her true calling as an unlikely entrepreneur, taking her business from a single farmer’s market stand to the world’s largest soft pretzel franchise. Throughout it all, Anne remained steadfast in her commitment to giving back, saying, “Caring for other people is the purpose of Auntie Anne’s.”
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- Accommodation and Food Services
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At Jamba, fantastic flavor is always in season and nothing beats feeling one's best. For decades, Jamba has brought the right, delicious ingredients to create whirl'd famous flavor served by friendly staff. Try their fuel good food from plant-based smoothies, delicious bowls with fresh fruit toppings, to protein-packed food and on-the-go snacks. Getting the jamba their clients love is now easier and faster with online ordering.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
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Retailer | - | - | - | ||
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Accommodation and Food Services | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 02-56666-01-010 | Improvements Assessment | $0 |
| Land Assessment | $184,200 | Total Assessment | $184,200 |
PROPERTY TAXES
Presented by
Auntie Anne’s & Jamba Juice | 2111 County Road 42 West
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