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Walgreens 400 Wabasha St 241,580 SF Retail Building Saint Paul, MN 55102 $5,791,277 CAD ($23.97 CAD/SF) 9% Cap Rate



Investment Highlights
- Walgreens is on a Corporate NNN lease with 6 years, 5 months remaining.
- Dense 5-mile population of 379,904 and high average household income of $106,095.
- Walgreens is located in downtown St. Paul near Grand Casino Arena (Home to MN Wild Hockey).
- Walgreens is a condo located on the first and second floor of Treasure Island Center in St. Paul, MN.
- Located near I-94 where traffic counts average 141,085 vehicles per day and I-35E with traffic counts of 70,774 per day.
Executive Summary
Property Facts
Space Availability
- Space
- Size
- Space Use
- Position
- Available
The available retail space offers an open, customer-focused layout with prominent storefront exposure and flexibility for a variety of retail, service, medical, or specialty commercial users. The configuration supports efficient merchandising, customer circulation, and branding opportunities within a highly visible downtown setting.
| Space | Size | Space Use | Position | Available |
| 380 | 7,800 SF | Retail | - | Now |
380
| Size |
| 7,800 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
380
| Size | 7,800 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
The available retail space offers an open, customer-focused layout with prominent storefront exposure and flexibility for a variety of retail, service, medical, or specialty commercial users. The configuration supports efficient merchandising, customer circulation, and branding opportunities within a highly visible downtown setting.
Nearby Major Retailers
Property Taxes
| Parcel Number | 06-28-22-12-0296 | Improvements Assessment | $3,772,282 CAD |
| Land Assessment | $2,178,674 CAD | Total Assessment | $5,950,956 CAD |
Property Taxes
Presented by
Walgreens | 400 Wabasha St
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