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Walgreens 5474 Mountain Iron Dr 13,650 SF Retail Building Virginia, MN 55792 $4,438,395 CAD ($325.16 CAD/SF) 8.46% Cap Rate
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
Executive Summary
Surrounded By National Retailers Including Target, Menards, Aldi, AutoZone, McDonald's, Dollar Tree, Hobby Lobby, Caribou And Many More.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,650 SF
Building Class
B
Year Built
2006
Price
$4,438,395 CAD
Price Per SF
$325.16 CAD
Cap Rate
8.46%
NOI
$375,488 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
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 175007101223 | Improvements Assessment | $1,833,063 CAD |
| Land Assessment | $816,410 CAD | Total Assessment | $2,649,472 CAD |
Property Taxes
Parcel Number
175007101223
Land Assessment
$816,410 CAD
Improvements Assessment
$1,833,063 CAD
Total Assessment
$2,649,472 CAD
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Walgreens | 5474 Mountain Iron Dr
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