Overview
- Price:
- $120,000 $ 8,200,000 14+
- CAP Rate:
- 5.50%
- Buyer's Broker Fee:
- $120,000
- Years Guaranteed:
- 14+
- NOI:
- $451,000
Investment Highlights
MINNEAPOLIS, MN WALGREENS
- Extremely Strong Store Sales
- Affluent Area: Incomes of $146k+
- Relocation Store/Strategic Location for Walgreens
- Preferred 5-Year Option Structure
- NNN Walgreens
- Rent Guaranteed by Walgreens Corporate
This is a rare opportunity for an investor to own a long term, NNN freestanding Walgreens with extremely strong store sales. Located in an affluent area of Southwest Minneapolis, this store was relocated to be strategically situated along Lyndale Avenue — a 12-minute drive from MSP International Airport and downtown Minneapolis. Neighboring businesses including SportClips, Title Boxing Club, AutoZone, BP, Starbucks, F45 Training and Enterprise Rent-A-Car along with the Mt Olivet Nursing Home, Kenny Elementary School, and Anthony Middle School.
Documents
Address: 5428 Lyndale Ave. S
City: MN
State/County: Minnesota
Zip: 55419
Country: United States
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