Log In/Sign Up
Your email has been sent.
Walgreens Absolute NNN Lease 4950 County Road 101 12,544 SF Retail Building Minnetonka, MN 55345 $9,479,461 CAD ($755.70 CAD/SF) 9% Cap Rate
Investment Highlights
- Absolute NNN Lease
- Corporate Guarantee
- Situated Near Major Retailers
- Zero Landlord Obligations
- Hard Corner Location with Excellent Ingress & Egress Points
Executive Summary
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 9+ 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.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
12,544 SF
Building Class
B
Year Built/Renovated
2002/2011
Price
$9,479,461 CAD
Price Per SF
$755.70 CAD
Cap Rate
9%
NOI
$853,152 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.63 AC
Zoning
PUD - Planned Urban Development
Parking
40 Spaces (3.19 Spaces per 1,000 SF Leased)
Frontage
129’ on County Road 101
Amenities
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
Bike Score®
Very Bikeable (74)
Nearby Major Retailers
Property Taxes
| Parcel Number | 30-117-22-14-0008 | Improvements Assessment | $2,696,178 CAD |
| Land Assessment | $1,678,959 CAD | Total Assessment | $4,375,136 CAD |
Property Taxes
Parcel Number
30-117-22-14-0008
Land Assessment
$1,678,959 CAD
Improvements Assessment
$2,696,178 CAD
Total Assessment
$4,375,136 CAD
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Walgreens Absolute NNN Lease | 4950 County Road 101
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.