600 County Road 10 NE - Drug Store FOR SALE


$3,079,375 USD
612-701-6296
600 County Road 10 NE, Blaine, MN for Sale
$3,079,375 USD
Drug Store - FOR SALE
1/4
null | 8% Cap Rate

600 County Road 10 NE
Blaine, MN 55434
Outer Coon Rapids/Fridley/Blaine


OVERVIEW

Tenant pays RE taxes, building insurance, liability insurance, operating expenses, maintenance of parking areas (not capital expenses), maintenance (and replacement) of HVAC, plate glass and interior. Landlord pays for building exterior, parking area capital expenses and structural portions of the building, including the roof. Options: After the initial 20 years of the term, and every five years thereafter, Tenant has the right to terminate the term of the Lease with 6 months prior written notice. Next possible effective date of termination is October 31, 2025.

FOR SALE DETAILS

PRICE

$3,079,375 USD

PRICE/SF

$245 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

-

APN/PARCEL ID

31-31-23-43-0007

ASK ABOUT THIS PROPERTY

DJ SikkaRestaurant Brokers of MinnesotaMore Info
612-701-6296

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DJ SikkaRestaurant Brokers of MinnesotaMore Info
612-701-6296

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