This high-performing Walgreens is strategically positioned near St Cloud Hospital, the region's largest medical hub with 490 beds and 1.6M sf of facilities. This prime location drives consistent prescription demand and ensures a built-in customer base of patients, staff, and visitors. Since relocating to this newly built store in 2011, Walgreens has maintained strong, reliable sales and kept the property in excellent condition. With over 11 years remaining on the initial 25-year lease and extension options through 2086, investors benefit from a long-term, stable cash flow with $7.4 million in obligated rent remaining. Situated on a high-traffic commercial corridor with exceptional visibility, this absolute NNN lease property offers zero landlord responsibilities - making it a truly effortless, passive income investment.
In Cooperation With ParaSell, Inc. , A Licensed Minnesota Broker - Lic. #40685007 BoR: Scott Reid - Lic. MN #40685007