Drug Store
Walgreens
2024 85th Ave N, Brooklyn Park, MN 55444
Listing Price: $4,649,000
Cap Rate
7.50%
Tenant Name
Walgreens
Years Remaining On Lease
9.2
Guarantor
Corporate Guarantee
Rentable SF
14,560
Lease Type
Absolute Net
Rent Per Square Feet
$23.95
Investment Overview
Absolute Net Walgreens at 2023 85th Ave N, Brooklyn Park, MN
Investment Highlights
- Absolute Net Lease Through December 2035 with No Landlord Responsibilities
- High Traffic Store: Top 90th Percentile in Minnesota and Top 88th Percentile Nationwide, per Placer.ai
- Established Location with Walgreens Operating Since it was Built-to-Suit in 2004 (22 Years)
- Dense Trade Area With More Than 249,000 Residents Within Five Miles
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $4,649,000
Cap Rate
7.50%
Tenant Name
Walgreens
Years Remaining On Lease
9.2
Guarantor
Corporate Guarantee
Rentable SF
14,560
Lease Type
Absolute Net
Rent Per Square Feet
$23.95
Investment Highlights
- Absolute Net Lease Through December 2035 with No Landlord Responsibilities
- High Traffic Store: Top 90th Percentile in Minnesota and Top 88th Percentile Nationwide, per Placer.ai
- Established Location with Walgreens Operating Since it was Built-to-Suit in 2004 (22 Years)
- Dense Trade Area With More Than 249,000 Residents Within Five Miles
Investment Overview
Absolute Net Walgreens at 2023 85th Ave N, Brooklyn Park, MN
Exclusively Listed By
Broker of Record
Financing By