Raising Cane Acquires Retail Property In Maplewood, MN For $3.4M
SOLD
$3,400,000
Minnesota
See Similar DealsRetail
Sold 06/14/2022
SOLD
Raising Cane Acquires Retail Property In Maplewood, MN For $3.4M
White Bear Lake, Minnesota, United States
See Similar DealsRetail
Sold 06/14/2022
Summary
MINNESOTA
Asset Type:Retail
Transaction Type:Sale
A retail property located at 3065 White Bear Ave in Maplewood, MN was recently sold. The property was sold for a price of $3,400,000.
Summary of transaction details
- Property Type: Retail
- Sale Price: $3,400,000
- Address: 3065 White Bear Ave, Maplewood, MN
- Market: Maplewood, MN
The buyer in this transaction was Raising Cane, represented by Ken Tsukahara from Colliers. The seller's representative was Michael Houge from NAI Legacy.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$181,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,079.50
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,117.73
Annual Debt Service$193,412.82
Is there something missing? Send suggestions