Investment Overview

AVAILABLE INDIVIDUALLY OR AS A 3-UNIT PORTFOLIO WITH AN ASSUMABLE LOAN Marcus & Millichap is pleased to present the opportunity to acquire the fee-simple interest in a corporate guaranteed Walgreens location in the Minneapolis-Saint Paul Metropolitan Area. The property is currently leased to and guaranteed by Walgreens Boots Alliance, an “essential-use” and recession-resilient tenant. Walgreens is considered “investment grade” credit and is publicly traded on the New York Stock Exchange (NYSE: WAG) Moodys Baa2 / S&P BBB. With over 8 years remaining on an absolute NNN basis with zero landlord responsibilities, this investment opportunity provides stable and reliable long-term cash-flow for many years to come. 915 Wildwood Road is strategically located near the signalized intersection of Wildwood Road and Geneva Avenue North, with a combined traffic count of over 26,500 vehicles per day. The surrounding area boasts strong demographics, with a population of 119,091 people within a five-mile radius and a household income of $106,644 annually. The site is further complemented by Century College with 16,400 students, White Bear High School with 2,500 students, and many national retailers in the trade area, including Dollar Tree, Valvoline, CVS, Subway, ALDI, Marathon, and FedEx Ground Shipping Center This property is also available as a part of high-cashflow 3-unit Walgreens portfolio, featuring an assumable loan at 4.7% interest with 5.7+ years remaining until the maturity date. With a Portfolio Cash-on-Cash Return of 10%, it’s an ideal investment opportunity for 1031-exchange buyers seeking to maximize cashflow.