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Chipotle | Lexington, MN 9185 Hwy dr 2,325 SF Retail Building Circle Pines, MN 55014 $4,249,001 CAD ($1,827.53 CAD/SF) 5.35% Cap Rate

Retail Spaces Minnesota Circle Pines 9185 Hwy dr, Circle Pines, MN 55014

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INVESTMENT HIGHLIGHTS

  • Single-Tenant Chipotle Drive-Thru Pad to Northway Center, a Festival Foods Grocery-Anchored Shopping Center
  • 10% Increases Every 5 Years During the Base Term and Each of the Three 5-Year Options
  • Total Revenue for 2024 Was $11.3 Billion, an Increase of 14.6% Compared to 2023
  • New 15-Year NNN Lease
  • Corporate-Guaranteed Lease (NYSE: CMG); Over 3,800 Stores in the U.S., Canada, France, Germany, and the U.K.
  • Chipotle Is Targeting 7,000 Locations by Decade’s End, With Average Unit Volumes Set to Hit $4M+

EXECUTIVE SUMMARY

New-Construction, 15-Year NNN Corporate Lease | 10% Increases Every 5 Years | Explosive Population Growth; 50% Citywide (2017-2024)

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
2,325 SF
Year Built
2025
Price
$4,249,001 CAD
Price Per SF
$1,827.53 CAD
Cap Rate
5.35%
NOI
$227,256 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.56 AC

LINKS

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Bike Score®
Very Bikeable (73)
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NEARBY MAJOR RETAILERS

Festival Foods
U.S. Bank
Dunn Brothers Coffee
Caribou Coffee
(844) 585-7682

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CONTACTS

  • Listing ID: 38761930

  • Date on Market: 2025-12-12

  • Last Updated:

  • Address: 9185 Hwy dr, Circle Pines, MN 55014

The Retail Property at 9185 Hwy dr, Circle Pines, MN 55014 is currently available for Sale. Contact Hanley Investment Group for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

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Chipotle | Lexington, MN | 9185 Hwy dr
(844) 585-7682 x

Chipotle | Lexington, MN | 9185 Hwy dr

Jeff Lefko
(844) 585-7682

Bill Asher
(844) 585-7684

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