Red Lobster | Target Outparcel | 45,000+ Cars Per Day… — Sale in Minneapolis, MN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Minneapolis, MN 55433

Photos

Red Lobster | Target Outparcel | 45,000+ Cars Per Day… — Sale in Minneapolis, MN, photo 1 of 4
Red Lobster | Target Outparcel | 45,000+ Cars Per Day… — Sale in Minneapolis, MN, photo 2 of 4
Red Lobster | Target Outparcel | 45,000+ Cars Per Day… — Sale in Minneapolis, MN, photo 3 of 4
Red Lobster | Target Outparcel | 45,000+ Cars Per Day… — Sale in Minneapolis, MN, photo 4 of 4

Investment Figures

Cap rate
7.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present a Red Lobster located in Blaine, Minnesota (Minneapolis MSA). Investment Highlights: • Category Leader in Casual Dining Seafood • Across the Street from Northtown Mall – 3,300,000 Visitors Annually • High Traffic Outparcel to Target with over 45,000 Cars per Day • Minneapolis MSA - Over 229,000 People in a Five Mile Radius

Market Context

This food service in Minneapolis, MN is listed for sale. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing food service assets. Compare it against other food service listings for sale in Minneapolis, MN — view the full market.

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