16750 95th Ave N - Drug Store FOR SALE
Osseo, MN 55311 |
16750 95th Ave N
Osseo, MN 55311
HIGHLIGHTS
- The property is leased directly with Walgreens Co., the largest drugstore chain in the U.S
- The parent company of Walgreens, Walgreens Boots Alliance (NASDAQ: WBA) boasts an investment-credit rating of BBB (S&P)
- Walgreens originally signed a 25-year lease in 2006, and has thus been at this location for nearly 17 years with over eight years remaining.
- The lease features an absolute triple-net structure, virtually eliminating the Landlord of all responsibilities.
- Within a three mile radius, the area contains nearly 40,000 residents, which have average household income of over $156,000
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Walgreens
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
ADD'L SUBTYPES
Convenience Store, Freestanding, Storefront
TOTAL BUILDING SIZE
14820
STORIES
1
YEAR BUILT
2006
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
08-119-22-31-0005
