4950 County Road 101 - Drug Store FOR SALE


Minnetonka, MN 55345- West Minnetonka
$7,500,000 USD
510-388-4438
4950 County Road 101, Minnetonka, MN for Sale
$7,500,000 USD
Drug Store - FOR SALE
1/8
null | 8.32% Cap Rate

4950 County Road 101
Minnetonka, MN 55345
West Minnetonka


HIGHLIGHTS

  • Absolute NNN Lease
  • Zero Landlord Obligations
  • Corporate Guarantee - NASDAQ:WBA
  • Hard Corner Location with Excellent Ingress & Egress Points
  • Situated Near Major Retailers

OVERVIEW

The Kase Group is pleased to present the opportunity to purchase a well established Walgreens location in Minnetonka, Minnesota. The lease calls for zero landlord obligations with 10 years remaining and is corporately guaranteed by Walgreens. This Walgreens includes a drive through and is situated on a hard corner with excellent ingress and egress points. The asset is well situated near Target, Planet Fitness, Dairy Queen, Cub Grocery Store and many others.

FOR SALE DETAILS

PRICE

$7,500,000 USD

PRICE/SF

$598 USD /SF

CAP RATE

8.32%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Absolute NNN Leased Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

PUD

APN/PARCEL ID

30-117-22-14-0008

ASK ABOUT THIS PROPERTY

Jeff BraccoThe Kase GroupMore Info
510-388-4438

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Jeff BraccoThe Kase GroupMore Info
510-388-4438

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.