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Starbucks | Bemidji, MN 202 Shevlin SW Ave 2,540 SF Retail Building Bemidji, MN 56601 $3,901,597 CAD ($1,536.06 CAD/SF) 6.50% Cap Rate

Retail Spaces Minnesota Bemidji 202 Shevlin SW Ave, Bemidji, MN 56601

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INVESTMENT HIGHLIGHTS

  • New-Construction Single-Tenant Corporate (NASDAQ: SBUX; S&P: BBB+) Starbucks Drive-Thru
  • 10% Rental Increases Every 5 Years During the Primary Term and Each of the Four 5-Year Options
  • Market Dominant Tenant: The subject property is one of two freestanding Starbucks locations in Bemidji
  • New 10-Year Lease
  • One of the “World’s Most Admired Companies” by Fortune (2009-2024)
  • Regional Retail Hub: Bemidji serves as the dominant retail center for Northern Minnesota

EXECUTIVE SUMMARY

New 10-Year Corporate Lease | Regional Retail Hub | 2-Miles from Bemidji State University (5,400+ Students)

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,540 SF
Building Class
B
Year Built
2022
Price
$3,901,597 CAD
Price Per SF
$1,536.06 CAD
Cap Rate
6.50%
NOI
$253,513 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.99 AC
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.

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Starbucks
  • Retailer
  • -
  • -
  • Triple Net
  • Mar 2035
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Starbucks Retailer - - Triple Net Mar 2035

LINKS

1 1
Bike Score®
Very Bikeable (74)
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NEARBY MAJOR RETAILERS

Caribou Coffee
Starbucks
Bonanza Steakhouse
Dunn Brothers Coffee

PROPERTY TAXES

Parcel Number 80.02653.00 Improvements Assessment $0 CAD
Land Assessment $273,702 CAD Total Assessment $273,702 CAD

PROPERTY TAXES

Parcel Number
80.02653.00
Land Assessment
$273,702 CAD
Improvements Assessment
$0 CAD
Total Assessment
$273,702 CAD
(844) 585-7682

Still interested?

Contact the brokers for more information about this property

CONTACTS

  • Listing ID: 37743739

  • Date on Market: 2025-09-19

  • Last Updated:

  • Address: 202 Shevlin SW Ave, Bemidji, MN 56601

The Retail Property at 202 Shevlin SW Ave, Bemidji, MN 56601 is currently available for Sale. Contact Hanley Investment Group for more information.

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202 Shevlin SW Ave, Bemidji, MN for sale Primary Photo- Image 1 of 4
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202 Shevlin SW Ave, Bemidji, MN for sale Building Photo- Image 2 of 4
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Starbucks | Bemidji, MN | 202 Shevlin SW Ave
(844) 585-7682 x

Starbucks | Bemidji, MN | 202 Shevlin SW Ave

Jeff Lefko
(844) 585-7682

Bill Asher
(844) 585-7684

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