This is one of a series of caches named for the street and city in which it's hidden. While trying to achieve a daily caching streak of 100 days during the extreme cold and heavy snow cover of winter 2013-14, I have learned the value of this kind of quick and easy hide.
Fridley St. NE is often the turn around point of my running route. It's nearly the lowest elevation on my route, unless I'm going further to the Rice Creek trail. One block west is Anoka St.; had it actually been located in Anoka, this series would have included one extra cache.