8880 NW Springbrook Dr
Coon Rapids, MN 55433
Outback Steakhouse: Coon Rapids, MN · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 26-Year Operating History | Absolute NNN Lease with Corporate Guaranty | Rare Annual Rent Increases of 1.8%
- Less than a mile from the 643,052-square-foot Northtown Mall (anchored by Burlington, Best Buy, Becker Furniture World and Hobby Lobby).
- Population of 79,464 and an average household income of $97,952 within a 3-mile radius.
- 11 miles north of downtown Minneapolis, MN.
- 6.0 MSF of retail, 1.6 MSF of office, and 12.2 MSF of industrial within a 3-mile radius.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,268 SF
Building Class
B
Year Built
1997
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.83 AC
Zoning
Commercial - Commercial (NEC)
Parking
139 Spaces (22.18 Spaces per 1,000 SF Leased)
Frontage
207’ on NW Springbrook Dr
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $972,500 | |
| Land Assessment | $558,000 | Total Assessment | $1,530,500 |
