CHAD ANVARY 952 897 7719 [email protected]FOR SALE OR LEASE > RETAIL/RESTAURANT SPACE Former Boston’s Faribault 125 FIRST STREET NE, FARIBAULT, MN 55021 Comments COLLIERS INTERNATIONAL 4350 Baker Road, Suite 400 Minnetonka, MN 55343 www.colliers.com > 6,500 square foot full-service restaurant > Built in 2006 > Great central Faribault location > Ample Parking > Furniture, Fixtures and Equipment included
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Former Boston’s Faribault125 First street ne, Faribault, mn 55021
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Rice County, MN
Date Created: 9/21/2011
Parcel ID 1831178001Sec/Twp/Rng n/aProperty Address 125 1ST AVE NE
FARIBAULT
Alternate ID n/aClass 3A-Commercial/Industrial/Public Utility Acreage 2.00
OwnerAddress
FARIBAULT BP LLC 125 1ST AVE NE FARIBAULT MN 55021
District FARIBO-SD656-HSP-HRA-EDABrief Tax Description Lot 001 Block 001 of RIVER RIDGE 2ND ADD
L1 B1 RIVER RIDGE 2ND ADD ALSO DESC AS THE FOL DESC TORRENS PROP WITHIN L1 B1 RIV RIDGE 2ND ADD DAF THAT PART L1 B1 RIV RIDGE 2ND ADD COMG NW COR L1 TH S03D46'01"E 10.76FT TO POB TH N90DE 159.13FT TH SELY 30.80FT ALG CUR CONC NE TH S15D15'18"W 50.91FT S03D28'06"W 66.12FT TH S02D36'09"W 66.07FT TH N90DW 122.50FT TH NWLY ALG CUR CONC NE 142.90FT TO W LI L1 TH N03D46'01"W 60.34FT TO POB & DESC ABSTRACT PROP WITHIN L1 B1 RIV 2ND ADD DAF THAT PART L1 B1 RIV RIDGE 2ND ADD EX THAT PART L1 B1 RIV RIDGE 2ND ADD COMG NW COR L1 TH S03D46'01"E 10.76FT TO POB TH N90DE 159.13FT TH SELY 30.80FT ALG CUR CONC NE TH S15D15'18"W 50.91FT S03D28'06"W 66.12FTTH S02D36'09"W 66.07FT TH N90DW 122.50FT TH NWLY ALG CUR CONC NE 142.90FT TO W LI L1 TH N03D46'01"W 60.34FT TO POB (Note: Not to be used on legal documents)
Last Data Upload: 9/21/2011 2:39:05 AM
226 ft
Overview
LegendTownshipsRoadsRoad Numbers
COLLIERS INTERNATIONAL4350 Baker Road, Suite 400Minnetonka, MN 55343www.colliers.com
site inFOrmatiOnLocation 125 First street ne, Faribault, mn 55021Description Full service restaurantYear Built 2006
demOGraPhics 1 mile 3 miles 5 milesPopulation 5,601 69,529 148,336Average Household Income $110,169 $96,025 $90,884Median Household Income $89,066 $81,879 $75,840*Source: US Census, 2000
traFFic cOunts1st Ave NE 9,700 cars per day*Source: Minnesota Department of Transportation 2007 Study Averages are per day total cars
OFFerinG Price$1,749,000
leasinG ratesnegotiable
2014 taxes$38,519.80
Parcel size1.06 acres
area tenants a & W american Food hy-vee regency inn & suitesaldi Jimmy John’s subwayarby’s KFc taco John’sthe club bar & Grill mcdonald’s vintage ballroom & suitesdairy Queen Papa murphy’s Walgreen’sGran Plaza mexican Grill Perkin’s