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Walgreens 5474 Mountain Iron Dr 13,650 SF Retail Building Virginia, MN 55792 $4,536,740 CAD ($332.36 CAD/SF) 8.46% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Efficient 13,650 S.F. Building w/ Drive-Thru
  • Low Rent Of $275,000 Per Year
  • AADT Approaching 20,000 Vehicles Per Day
  • Build To Suit In 2006 | 1.28 Acres Site
  • Store Sales Exceeding $2.8MM
  • Surrounded By National Retailers Including Target, Menards, Aldi, AutoZone, McDonald's, Dollar Tree, Hobby Lobby, Caribou And Many More

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,650 SF
Building Class
B
Year Built
2006
Price
$4,536,740 CAD
Price Per SF
$332.36 CAD
Cap Rate
8.46%
NOI
$383,808 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
1.28 AC
Parking
68 Spaces (3.33 Spaces per 1,000 SF Leased)
Frontage
253’ on Mountain Iron Dr

AMENITIES

  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

Walgreens is a trusted and convenient local health destination that millions of Americans rely on every day. Their founder, Charles R. Walgreen Sr., was known for finding new ways to connect with customers on a personal level and treating each person like a guest in his own home. For over a century, they have expanded that personal connection through their network of neighborhood pharmacies and their innovative health services and products. The foundation for all of this is their trusted pharmacy expertise, and their team members who provide essential care that helps people achieve better health outcomes at an affordable cost.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer 99,999 SF - Lorem Ipsum Jan 0000

NEARBY MAJOR RETAILERS

Anytime Fitness
Ymca
Toyota
Village Inn
Starbucks
Caribou Coffee
Super One Foods

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
175007101223
Land Assessment
$819,545 CAD
Improvements Assessment
$1,840,102 CAD
Total Assessment
$2,659,646 CAD
  • Listing ID: 36786335

  • Date on Market: 2025-07-17

  • Last Updated:

  • Address: 5474 Mountain Iron Dr, Virginia, MN 55792

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