Retail Space
12951 Riverdale Drive Northwest Minneapolis, MN 55448
Details & Description
Price: $2,438,991
    Brisky Net Lease is pleased to offer this Bakers Square restaurant in the busy Twin Cities suburb of Coon Rapids. This long established Bakers Square has been a fixture of this community, and has an NNN Lease with zero landlord responsibilities. Located at the major intersection of Highway 10 and Round Lake Boulevard, visibility is excellent, being in front of the Riverdale Crossing Retail Area. The building features nearly 5,000 SF on over an acre with signage and close access to Highway 10. Great underlying real estate with tons of potential for redevelopment at a later date too.Coon Rapids serves as a bedroom community for the Minneapolis market. The community is home to the headquarters of medical device manufacturer RMS Company, healthcare and housing provider Mary T, Inc., furniture retailer HOM Furniture, and printers/publishers John Roberts Company and ECM Publishers. The community has strong demographics and a consistently growing population.Known for incredible pies, Bakers Square pies have placed first in the American Pie Council National Pie Championships not once, but over 300 times in the last decade. Bakers Square was founded in 1969 as Mrs. C's in Des Moines, Iowa. In July 2021, VIBSQ Holdings was sold to BBQ Holdings, Inc. and is now owned and managed by the parent company of Famous Dave's BBQ.
    Property Highlights
    Additional Photos
    Listing Agents
    Brian Brisky

    O: 612-413-4200
    M: 715-529-4441
    info@brisky.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    12951 Riverdale Drive Northwest

    Minneapolis, MN 55448

    No Longer Listed
    • 12951 Riverdale Drive Northwest Minneapolis, MN 55448 | for Sale | Photo 1
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    Price
    $ /mo
    Property Highlights
    High Profile Location within the Riverdale Crossing Shopping Mall
    Absolute NNN Lease with Zero Landlord Responsibilities
    Ample Parking, Great Signage and Traffic Counts
    Great Demographics and Steady Population
    Long Term Established Tenant
    Description

    Brisky Net Lease is pleased to offer this Bakers Square restaurant in the busy Twin Cities suburb of Coon Rapids. This long established Bakers Square has been a fixture of this community, and has an NNN Lease with zero landlord responsibilities. Located at the major intersection of Highway 10 and Round Lake Boulevard, visibility is excellent, being in front of the Riverdale Crossing Retail Area. The building features nearly 5,000 SF on over an acre with signage and close access to Highway 10. Great underlying real estate with tons of potential for redevelopment at a later date too.

    Coon Rapids serves as a bedroom community for the Minneapolis market. The community is home to the headquarters of medical device manufacturer RMS Company, healthcare and housing provider Mary T, Inc., furniture retailer HOM Furniture, and printers/publishers John Roberts Company and ECM Publishers. The community has strong demographics and a consistently growing population.

    Known for incredible pies, Bakers Square pies have placed first in the American Pie Council National Pie Championships not once, but over 300 times in the last decade. Bakers Square was founded in 1969 as Mrs. C's in Des Moines, Iowa. In July 2021, VIBSQ Holdings was sold to BBQ Holdings, Inc. and is now owned and managed by the parent company of Famous Dave's BBQ.

    Minneapolis Area Market Trends

    Listing Demographics for 12951 Riverdale Drive Northwest Minneapolis, MN 55448

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population7,34167,409151,026
    Population Median Age404039
    Population by Age0-9 Yrs840 (11%)7625 (11%)19027 (12%)
    10-19 Yrs1025 (13%)8732 (12%)19988 (13%)
    20-29 Yrs816 (11%)8631 (12%)17998 (11%)
    30-39 Yrs1008 (13%)9257 (13%)21264 (14%)
    40-49 Yrs848 (11%)8463 (12%)20066 (13%)
    50-59 Yrs1127 (15%)9894 (14%)22098 (14%)
    60-69 Yrs1017 (13%)7572 (11%)16600 (10%)
    70+ Yrs660 (8%)7236 (10%)13987 (9%)
    Median HH Income$76,952$79,288$88,336
    Total Household Income< 24K265 (9%)2636 (10%)4707 (8%)
    25-49K532 (18%)4746 (18%)8947 (16%)
    50-74K572 (20%)4685 (18%)8951 (16%)
    75-99K553 (19%)4441 (17%)9423 (17%)
    100-199K837 (29%)7654 (29%)18732 (33%)
    200K+65 (2%)1497 (5%)4503 (8%)
    Highest Education LevelNo Diploma24821834475
    Diploma or GED14091274026870
    Some College11951206225463
    Assoc. Degree691605514107
    Bachelors Degree1004977422348
    Higher Degree43839219700
    Total Housing Units2,89726,32756,590
    --Owner-Occupied2,14519,02444,154
    --Renter-Occupied6806,63511,109
    Owner-Occupied Values< 100K63141165
    100-199K792527310894
    200-299K1096897518633
    300-399K15131378850
    400-499K677273033
    500K+325981579
    Total Working Age Population5,82254,651119,550
    In Work Force4,09038,13586,438
    Not In Work Force1,73316,51633,113
    Workforce Employed3,99536,63483,462
    Workforce Unemployed891,4352,896
    Civlian Workforce4,08438,06986,358
    Military Workforce66680
    Total Households2,82525,65955,263
    Family Households2,01917,71239,316
    Non-Family Households8067,94715,947
    Married Couple1,58713,73730,849
    Other Family4323,9758,467
    Married w/Child5835,18912,738
    Single Male w/Child536501,293
    Single Female w/Child1811,8453,813

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Minnesota4,919,479+85,303,925+75,687,161+55,974,304
    Hennepin County1,116,200+31,152,425+121,294,371+91,407,332
    Anoka County298,084+11330,844+8358,469+6380,651

    Total Working Age Population:

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    Total Working Age Population:

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    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 12951 Riverdale Drive Northwest in Minneapolis?
    The asking price for 12951 Riverdale Drive Northwest is $2,438,991
    What is the building size of this Retail property in Minneapolis, MN?
    The size of the building/unit at 12951 Riverdale Drive Northwest in Minneapolis is 4,989 square feet
    How much land does the Minneapolis, MN property at 12951 Riverdale Drive Northwest include?
    12951 Riverdale Drive Northwest in Minneapolis includes 1.100 acres of land
    What kind of Retail is the propery at 12951 Riverdale Drive Northwest?
    The property at 12951 Riverdale Drive Northwest Minneapolis, MN 55448 is listed as a Food Service Retail property
    What is the population within 1 mile of 12951 Riverdale Drive Northwest in Minneapolis?
    The population within 1 mile of 12951 Riverdale Drive Northwest Minneapolis, MN 55448 is 7,341 people.
    Who do I contact for questions about 12951 Riverdale Drive Northwest?
    You should contact the listing agent, Brian Brisky, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Minneapolis-St Paul International (Wold-Chamberlain Airport) (MSP) 23
    Rochester International Airport (RST) 99
    Duluth International Airport (DLH) 126