Overview
- Price:
- $ 12,306,000 20
- CAP Rate:
- 5.00%
- Years Guaranteed:
- 20
- NOI:
- $615,300
Investment Highlights
WAYZATA, MINNESOTA WALGREENS
- Brand new construction; delivers in April
- Relocation store with 20 Year NNN Lease
- Affluent lake community with $127,282 in Avg Household Income
- High barriers to entry; development took 5 years
- Traffic counts of over 43,000 cars per day
- Hard corner, free-standing building with drive-thru
- Walgreens corporate guarantee (NYSE:WAG)
- Investment grade credit
- True NNN lease with zero landlord responsibilities
Address: 1080 Broadway
City: Wayzata
State/County: Minnesota
Zip: 07002
Country: United States
Open In Google Maps 
