Northbrook, IL- October 4, 2016 – (RealEstateRama) — The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Starbucks property located at 13945 Highway 13 Frontage Road in Savage, Minnesota for $1,475,000.
The 1,925 square foot Starbucks building is strategically located along Minnesota State Highway 13 in an affluent area in the Minneapolis-St. Paul MSA. Minnesota State Highway 13 is the primary north-south thoroughfare in the trade area. The average household incomes within a one mile radius of the Starbucks property exceed $127,000 annually. The Starbucks is benefitted by its location within a strong retail trade area that is anchored by a SuperTarget, Cub Foods, Rainbow Foods, Walgreens and OfficeMax.
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