2024 85th Ave - Drug Store FOR SALE
Brooklyn Park, MN 55444 |
$4,649,000 USD
952-852-9729
2024 85th Ave
Brooklyn Park, MN 55444
HIGHLIGHTS
- Absolute net lease through December 2035. Zero landlord responsibilities
- Established location with Walgreens operating since it was built-to-suit in 2004 (22 years)
- High traffic store: Top 90th percentile in Minnesota and top 88th percentile nationwide, per Placer.ai (see page 8 of OM)
- Dense trade area with over 249,000 residents within five miles
FOR SALE DETAILS
PRICE
$4,649,000 USD
PRICE/SF
$319 USD /SF
CAP RATE
7.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Walgreens | Absolute Net | 9 Years Remaining
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2004
SPRINKLERS
-
PARKING SPACES
71
LAND DETAILS
LAND ACRES
5.64 AC
LAND SF
245,678 SF
ZONING
PCDD
APN/PARCEL ID
14-119-21-43-0046
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952-852-9729
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952-852-9729
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