Upland Real Estate Group closed the sale of a net-leased Caribou Coffee & Einstein Bros. Bagels in North Branch, Minnesota, for $1.9 million.
The investment property had a new 11-year lease.
Closely following that sale, the Caribou Coffee & Einstein Bros. Bagels of Rochester, Minnesota, sold for $1.75 million.
Keith Sturm and Deborah Vannelli of Upland Real Estate Group represented the developers.