3121 E Lake St - Freestanding FOR SALE
Minneapolis, MN 55406 |
3121 E Lake St
Minneapolis, MN 55406
HIGHLIGHTS
- Exceptionally visible, brand-new Walgreens established on a corner lot in one of Minneapolis’ booming retail corridors 10 minutes from downtown.
- Recently relocated from a previous store with a prime sales history, positioned over an entire city block encircled by a high-density population.
- Strong commitment to the location under an absolute net lease with a preferred five-year option structure and a full Walgreens guaranty.
- Located in a thriving submarket with high barriers to entry and surrounded by nationally renowned retailers Target, Aldi, Dollar Tree, and more.
- Positioned with convenience along a major road with numerous public transportation stops adjacent to international fast-food chain McDonald’s.
- Quick and seamless accessibility three minutes off primary thoroughfare Highway 55 and 2 miles from the I-94 and I-35W interchange.
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
Newly Built Walgreens in a Prominent Corridor
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Drug Store, Storefront
TOTAL BUILDING SIZE
15768
STORIES
1
YEAR BUILT
2023
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
06-028-23-22-0164
