JADT Development Group Acquires Former Burger King Site In Minneapolis For $1.15M

JADT Development Group, led by founder and CEO Tim Baylor, has purchased the site of a former Burger King in South Minneapolis for $1.15 million. The retail property located at 3342 Nicollet Avenue South offers a prime location for commercial activities. The transaction was completed on December 18, 2023.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $1,150,000
• Address: 3342 Nicollet Avenue South, Minneapolis, MN
• Market: Minneapolis, MN

Tim Baylor, the buyer and representative of JADT Development Group, made the acquisition through purchasing the property from Arjun Investments Inc. David Daly from CBRE acted as the buyer's representative, and D.J. Sikka from Restaurant Brokers represented the seller.