14+ Yr NNN Walgreens Midwest

Minneapolis, MN
SOLD
$8,200,000
/month
Arthur Griffith
Agent
Posted On
September 22, 2022
14+ Yr NNN Walgreens Midwest
Price
$8,200,000
CAP Rate
5.50%
Broker Fee
$120,000
Yrs Guaranteed
14
NOI
$451,000
14+ Yr NNN Walgreens Midwest
Price
$8,200,000
CAP Rate
5.50%
Broker Fee
$120,000
Yrs Guaranteed
14
NOI
$451,000
14+ Yr NNN Walgreens Midwest
Price
$8,200,000
CAP Rate
5.50%
Broker Fee
$120,000
Yrs Guaranteed
14
NOI
$451,000
14+ Yr NNN Walgreens Midwest
Price
$8,200,000
CAP Rate
5.50%
Broker Fee
$120,000
Yrs Guaranteed
14
NOI
$451,000
14+ Yr NNN Walgreens Midwest
Price
$8,200,000
CAP Rate
5.50%
Broker Fee
$120,000
Yrs Guaranteed
14
NOI
$451,000
Bedrooms
This is some text inside of a div block.
Bathrooms
This is some text inside of a div block.
Area
Parking Spaces
This is some text inside of a div block.
Price
$8,200,000
CAP Rate
5.50%
Broker Fee
$120,000
Yrs Guaranteed
14
NOI
$451,000

Investment Highlights

  • 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.

Download offering Memorandum
Address
City & State
󰨷
Minneapolis, MN
Full Address
󰴖
5428 Lyndale Ave, Minneapolis, Minnesota, 55419

Location

Interested in this property? Reach out by phone or email.

Call: (415) 730-3024

Email: atg@rxsyndicate.com