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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

  • Jon Ruzicka

    Senior Managing Director Investments

    (952) 852-9700

    License(s) MN: 40583288

    Minnesota

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

  • Jon Ruzicka

    Senior Managing Director Investments

    (952) 852-9700

    License(s): MN: 40583288

    Minnesota

Financing By

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