Retail Space
55 Coon Rapids Boulevard Northwest Minneapolis, MN 55448
Details & Description
Price: $1,199,010
    Brisky Net Lease is pleased to offer this IHOP restaurant in the busy Twin Cities suburb of Coon Rapids. This long established IHOP has been a fixture of this community over the past 20 years, and has an NNN Ground Lease with zero landlord responsibilities. The property is located at the intersection of Highway 10 and Highway 47 in a busy retail corridor where it received excellent visibility. The building has a prime corner location with great underlying real estate and traffic counts exceeding 20K+ on two parcels that total about 1.4 acres.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.For over 60 years, IHOP has been a leader, innovator and expert in all things breakfast. As of September 30, 2022, there were 1,756 IHOP restaurants around the world, including all 50 states. IHOP restaurants are franchised by affiliates of Glendale, CA based Dine Brands Global, Inc. (NYSE: DIN).For more information, please contact:Cameron Cropsey | Senior Associate | MN #40555735cam@brisky.com | Direct: 612.413.4200 x104 | Cell: 952.594.5616
    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.

    55 Coon Rapids Boulevard Northwest

    Minneapolis, MN 55448

    No Longer Listed
    • 55 Coon Rapids Boulevard Northwest Minneapolis, MN 55448 | for Sale | Photo 1
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    • 55 Coon Rapids Boulevard Northwest Minneapolis, MN 55448 | for Sale | Photo 3
    • 55 Coon Rapids Boulevard Northwest Minneapolis, MN 55448 | for Sale | Photo 4
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    Price
    $ /mo
    Property Highlights
    Early Lease Renewal Shows Strong Commitment to the Site
    NNN Ground Lease with Zero Landlord Responsibilities
    Located Less Than a Mile Away from Northtown Mall
    Ample Parking, Great Signage and Traffic Counts
    Great Demographics and Steady Population
    20 Year Track Record at This Location
    Description

    Brisky Net Lease is pleased to offer this IHOP restaurant in the busy Twin Cities suburb of Coon Rapids. This long established IHOP has been a fixture of this community over the past 20 years, and has an NNN Ground Lease with zero landlord responsibilities. The property is located at the intersection of Highway 10 and Highway 47 in a busy retail corridor where it received excellent visibility. The building has a prime corner location with great underlying real estate and traffic counts exceeding 20K+ on two parcels that total about 1.4 acres.

    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.

    For over 60 years, IHOP has been a leader, innovator and expert in all things breakfast. As of September 30, 2022, there were 1,756 IHOP restaurants around the world, including all 50 states. IHOP restaurants are franchised by affiliates of Glendale, CA based Dine Brands Global, Inc. (NYSE: DIN).

    For more information, please contact:
    Cameron Cropsey | Senior Associate | MN #40555735
    cam@brisky.com | Direct: 612.413.4200 x104 | Cell: 952.594.5616

    Minneapolis Area Market Trends

    Listing Demographics for 55 Coon Rapids Boulevard 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 Population6,55170,278210,330
    Population Median Age393938
    Population by Age0-9 Yrs864 (13%)8589 (12%)28686 (13%)
    10-19 Yrs814 (12%)8628 (12%)26648 (12%)
    20-29 Yrs667 (10%)8755 (12%)27588 (13%)
    30-39 Yrs959 (14%)10095 (14%)31192 (14%)
    40-49 Yrs1025 (15%)9112 (12%)26663 (12%)
    50-59 Yrs713 (10%)9417 (13%)27355 (13%)
    60-69 Yrs718 (10%)7655 (10%)22995 (10%)
    70+ Yrs791 (12%)8027 (11%)19203 (9%)
    Median HH Income$59,581$73,124$76,420
    Total Household Income< 24K479 (17%)2901 (11%)8119 (10%)
    25-49K623 (23%)5541 (21%)15100 (19%)
    50-74K476 (17%)5110 (19%)14738 (19%)
    75-99K411 (15%)4720 (17%)13346 (17%)
    100-199K671 (25%)7099 (26%)21893 (28%)
    200K+22 (0%)977 (3%)4237 (5%)
    Highest Education LevelNo Diploma235403910603
    Diploma or GED16061456339388
    Some College10271089532299
    Assoc. Degree577635418573
    Bachelors Degree946984129252
    Higher Degree240354412625
    Total Housing Units2,78227,31980,340
    --Owner-Occupied1,94521,12258,564
    --Renter-Occupied7365,22718,870
    Owner-Occupied Values< 100K6022305096
    100-199K969745817651
    200-299K824896524447
    300-399K5417847860
    400-499K254272082
    500K+142571428
    Total Working Age Population5,04456,037164,572
    In Work Force3,39238,775118,428
    Not In Work Force1,65317,26246,144
    Workforce Employed3,22837,084113,622
    Workforce Unemployed1631,6904,751
    Civlian Workforce3,39238,774118,372
    Military Workforce0155
    Total Households2,68126,34977,434
    Family Households1,57717,13252,492
    Non-Family Households1,1049,21724,942
    Married Couple1,20712,53137,525
    Other Family3704,60114,967
    Married w/Child5285,05115,666
    Single Male w/Child626522,462
    Single Female w/Child1581,6646,012

    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
    Ramsey County511,0350508,640+12567,959+9616,408
    Anoka County298,084+11330,844+8358,469+6380,651

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    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 55 Coon Rapids Boulevard Northwest in Minneapolis?
    The asking price for 55 Coon Rapids Boulevard Northwest is $1,199,010
    What is the building size of this Retail property in Minneapolis, MN?
    The size of the building/unit at 55 Coon Rapids Boulevard Northwest in Minneapolis is 5,000 square feet
    How much land does the Minneapolis, MN property at 55 Coon Rapids Boulevard Northwest include?
    55 Coon Rapids Boulevard Northwest in Minneapolis includes 1.400 acres of land
    What kind of Retail is the propery at 55 Coon Rapids Boulevard Northwest?
    The property at 55 Coon Rapids Boulevard Northwest Minneapolis, MN 55448 is listed as a Food Service Retail property
    What is the population within 1 mile of 55 Coon Rapids Boulevard Northwest in Minneapolis?
    The population within 1 mile of 55 Coon Rapids Boulevard Northwest Minneapolis, MN 55448 is 6,551 people.
    Who do I contact for questions about 55 Coon Rapids Boulevard 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) 18
    Rochester International Airport (RST) 93
    Duluth International Airport (DLH) 129