2200 Highway 13 E - Drug Store FOR SALE


$3,402,000 USD
843-510-0551
2200 Highway 13 E, Burnsville, MN for Sale
$3,402,000 USD
Drug Store - FOR SALE
1/5
null | 8% Cap Rate


HIGHLIGHTS

  • National Tenant Backing By Walgreens Boots Alliance (NASDAQ: WBA), a Fortune 500 Company With Over 8,500 Locations Nationwide
  • Recently Extended Walgreens With 7+ Years Remaining on a Double Net (NN) Lease
  • Strategically Placed on a Signalized Corner With Multiple Points of Entrance on Cliff Road E and Highway 13 E Seeing 30,000+ Vehicles Per Day
  • Strong Demographics Within a 3-Mile Radius Featuring 69,000+ Population and $112,000+ Average Household Income
  • Long Term Operating History With 25-Year Commitment To This Site
  • Nearby Tenants Include: Caribou Coffee Strip Center, Tires Plus, Food Market & AutoZone Shopping Center, Racks Sports Bar and Grill

OVERVIEW

Sands Investment Group is Pleased to Exclusively Offer For Sale the 15,120 SF Walgreens Located at 2200 Hwy 13 E in Burnsville, MN. This Recently Extended Walgreens Has 7+ Years Remaining on a Double Net (NN) Lease, Providing for a Secure Investment. In Cooperation With ParaSell, Inc. , A Licensed Minnesota Broker - Lic. #40685007 BoR: Scott Reid - Lic. MN #40685007

FOR SALE DETAILS

PRICE

$3,402,000 USD

PRICE/SF

$227 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens - Burnsville, MN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Freestanding, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

73

LAND DETAILS

LAND ACRES

1.85 AC

LAND SF

80,586 SF

ZONING

Retail S

APN/PARCEL ID

02-26500-01-010

ASK ABOUT THIS PROPERTY

Jack LiberatoreSands Investment GroupMore Info
843-510-0551

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Jack LiberatoreSands Investment GroupMore Info
843-510-0551

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