5601 Miller Trunk Hwy | Duluth, MN 55811
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5601 Miller Trunk Hwy
Duluth, MN 55811
Caribou Coffee "Cabin" Hermantown, MN · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New Drive-Thru Small Format “Cabin” Concept
- The building is new construction built-to-suit according to Caribou Coffee’s specifications.
- Minnesota has the highest concentration of Caribou Locations nationally
- Caribou Coffee signed a 10-year lease with an attractive 10% rent increase in Year 6 and in each option period.
- Caribou Coffee merged with Panera Bread and Einstein Bros. Bagels to form Panera Brands
- Property is Located in Close Proximity to Big Box Retail Traffic Drivers & Duluth International Airport
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
625 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Lot Size
4.08 AC
Zoning
MUNS - MUNS
Frontage
252’ on Miller Trunk Highway
AMENITIES
- Restaurant
- Drive Thru
PROPERTY TAXES
| Parcel Number | 395001001000 | Improvements Assessment | $629,000 |
| Land Assessment | $225,200 | Total Assessment | $854,200 |
PROPERTY TAXES
Parcel Number
395001001000
Land Assessment
$225,200
Improvements Assessment
$629,000
Total Assessment
$854,200
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