Walgreens Wayzata MN

Wayzata, MN
SOLD
$12,306,000
/month
Arthur Griffith
Agent
Posted On
September 14, 2022
Walgreens Wayzata MN
Price
$12,306,000
CAP Rate
5.00%
Broker Fee
N/A
Yrs Guaranteed
20
NOI
$615,300
Walgreens Wayzata MN
Price
$12,306,000
CAP Rate
5.00%
Broker Fee
N/A
Yrs Guaranteed
20
NOI
$615,300
Walgreens Wayzata MN
Price
$12,306,000
CAP Rate
5.00%
Broker Fee
N/A
Yrs Guaranteed
20
NOI
$615,300
Walgreens Wayzata MN
Price
$12,306,000
CAP Rate
5.00%
Broker Fee
N/A
Yrs Guaranteed
20
NOI
$615,300
Walgreens Wayzata MN
Price
$12,306,000
CAP Rate
5.00%
Broker Fee
N/A
Yrs Guaranteed
20
NOI
$615,300
Bedrooms
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Bathrooms
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Area
Parking Spaces
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Price
$12,306,000
CAP Rate
5.00%
Broker Fee
N/A
Yrs Guaranteed
20
NOI
$615,300

Investment Highlights

  • 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
Download offering Memorandum
Address
City & State
󰨷
Wayzata, MN
Full Address
󰴖
1055 Wayzata Blvd, Wayzata, MN, 55391

Location

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

Call: (415) 730-3024

Email: atg@rxsyndicate.com