14700 Lac Lavon Dr - Drug Store FOR SALE


$3,100,000 USD
952-525-3343
14700 Lac Lavon Dr, Burnsville, MN for Sale
$3,100,000 USD
Drug Store - FOR SALE
1/5
null | 7.1% Cap Rate


HIGHLIGHTS

  • Excellent visibility along County Road 42
  • Expansion completed in 2005, and features a drive thru lane on the east side of the building
  • Surrounded by commercial and residential development

OVERVIEW

Great Investment opportunity. Strategically positioned on a prominent retail corridor, this single-tenant Walgreens enjoys exceptional visibility along County Road 42, nestled between major interstates I-35E/I-35W and Cedar Avenue. The property sits on a 1.73 acre site and features a 15,225 square foot building constructed in 1991. With strong traffic counts and proximity to key residential and commercial areas, this location offers a stable investment opportunity in a high-demand retail zone.

FOR SALE DETAILS

PRICE

$3,100,000 USD

PRICE/SF

$230 USD /SF

CAP RATE

7.1%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

70

LAND DETAILS

LAND ACRES

1.73 AC

LAND SF

75,359 SF

ZONING

-

APN/PARCEL ID

02-18090-01-011

ASK ABOUT THIS PROPERTY

Kate DamatoForte Real Estate PartnersMore Info
952-525-3343

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Kate DamatoForte Real Estate PartnersMore Info
952-525-3343

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.