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Shogun Sushi and Hibachi - Availability Details

1025 County Road 42 W, Burnsville, MN 55306

A single tenant property leased to Shogun Sushi & Hibachi (the “Property”) in Burnsville, MN. Shogun has been operating on a NNN lease at this location since 2013.  The initial 10-year lease has about 3 years remaining and calls for robust 10% rental increases in each of the two (2), five (5) year options which remain. Shogun Sushi & Hibachi is situated on a larger 2.58 acre outparcel to the 1,100,000 square foot Burnsville Center, along County 42 and adjacent to I-35 W.
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Location

  • City Burnsville, MN
  • Neighborhood Burnsville
  • Zip Code 55306
  • Market Minneapolis St Paul

Contacts

broker

Marc Mandel

Forged Real Estate

(610) 608-2621

broker

Steve Schrenk

Forged Real Estate

(610) 608-2621

broker

Marco DiPrinzio

Forged Real Estate

(610) 608-2621

Highlights

  • • Burnsville, MN is a part of the Minneapolis – St. Paul – Bloomington MSA, which is the largest MSA in the state and has seen a 21% increase in population since 2001 and has a projected growth of 5% throughout the first half of the 2020s.
  • • Shogun Sushi & Hibachi is situated on a 2.58-acre outparcel to the 1,100,000 square foot Burnsville Center, along County 42 and adjacent to I-35 W. County 42 (45,290 VPD) and I-35 W (17,125 VPD) are major thoroughfares in the retail trade area.
  • • The Minneapolis MSA is tied for 7th in the country, with sixteen (16) Fortune 500 companies calling the MSA home. This includes UnitedHealth Group, Target, Best Buy, 3M, CHS, U.S. Bancorp and General Mills. Just those companies alone add up to have revenues exceeding $759 billion.
  • • The Property is surrounded by a host of nearby, national retailers such as: Costco, The Home Depot, Target, ALDI, Best Buy, Kohl’s, At Home, Chick-fil-A, Starbucks, Old Navy, Petco, JC Penney, Macy’s, Barnes & Noble, Ulta Beauty, Planet Fitness and Olive Garden demonstrating the retail strength and further driving consumers to the area.
  • • The affluent surrounding area has shown consistent population growth within the past decade and is projected to continue to increase in the next five years. The population within 5 miles has an average household income of $112,000 and has increased 8.5% since the 2010 census.

Frequently Asked Questions

What year was Shogun Sushi and Hibachi built and finished?

Shogun Sushi and Hibachi was completed in 2013.

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