Capital Pacific Sells Mattress Firm in Roseville, MN
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Capital Pacific Sells Mattress Firm in Roseville, MN

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San Francisco – CA – (RealEstateRama) — Capital Pacific, a leading retail investment brokerage firm, recently represented the seller of a 3,650 SF Mattress Firm located at 2174 Snelling Avenue N. in Roseville, MN. The property was developed by a Northern California based development firm and sold for $2,500,000 to a private investor.

The new construction, freestanding Mattress Firm is located in the highly desirable Minneapolis-St. Paul MSA and is a pad to the first Target store ever opened. The subject property is ideally situated along a heavily trafficked north-south corridor with traffic counts in excess of 43,000 vehicles per day. The site benefits from excellent visibility and a newly constructed monument sign. The Mattress Firm is on an 11-year net lease, featuring 10% rental increases every five years through the primary term and options.

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