Property serves as China Star Buffet, a renowned re-establishment serving the St. Cloud area with longevity quality and reputable service since 1998.
China Star Buffet has 10 years remaining on their lease along with 2-5 year renewal options. This lease features a NNN structure with tenant being responsible for everything except structural replacement.
This property is located on the corner of controlled intersection (HWY23/Division Street & 10th Street.) With outstanding frontage on Division Street. With this well-positioned location, China Star Buffet has been branded one of the top restaurants in the St. Cloud area.
- 8,600 total sf of Restaurant and Retail Space
- NNN Lease Structure
- 10 years remaining on lease term
- Value Add – Lower-level vacant +/-1,750 sf
- Landmark Property in a major traffic area of St. Cloud
- Essential and thriving business model
- Division Street +/-20,500 VPD
- China Star has been in operations for 25+ years
- Tenant owns +/-.60 acres adjacent for future expansion
- Long term tenant with excellent credit