Nightingale Minneapolis — Sale in Minneapolis, MN
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Minneapolis, MN 55405
- Year built: 1907
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Investment Figures
- Cap rate
- 8.69%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Exceptional restaurant-occupied real estate opportunity. Real Estate and Select Restaurant Equipment-Exact Details are addressed in the lease. Tenant: Nightingale Minneapolis - an acclaimed neighborhood gem, offering a menu of snacks, small and large plates designed for sharing; artfully embraces the social aspect of dining and look to deliver a full experience to guests; featuring plush booths for patrons to enjoy themselves over locally sourced fare, craft cocktails as well as a thoughtfully curated wine & beer list. A proven operator with strong sales and a loyal, repeat clientele. This property is perfect for: 1) An investor to step in and enjoy immediate cashflow from Day 1; realize a competitive return with a proven tenant delivering strong sales, and steady, repeat customer base. 2) Owner/user looking to capitalize on the property’s premier location and the continued growth of this vibrant dining corridor. Investment Highlights: • Proven Business with Proven Results at this Location • Select Restaurant Equipment Included. • Tremendous Value-Add Opportunity.
Market Context
This retail in Minneapolis, MN is listed for sale. It is offered at an approximate 8.7% capitalization rate, a key benchmark for income-producing retail assets. The building dates to 1907. Compare it against other retail listings for sale in Minneapolis, MN — view the full market.
Contact
- Tom Gommels · (952) 852-9734 · thomas.gommels@marcusmillichap.com
- Shilpa Matlock · (952) 852-9749 · shilpa.matlock@marcusmillichap.com
- Michael Hughes · (262) 364-1938 · michael.hughes@marcusmillichap.com
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