400 Wabasha St - Retail FOR SALE


Saint Paul, MN 55102- Arts District
$4,451,000 USD
612-332-6600
400 Wabasha St, Saint Paul, MN for Sale
$4,451,000 USD
Retail - FOR SALE
1/3
null | 8.5% Cap Rate

400 Wabasha St
Saint Paul, MN 55102
Arts District


HIGHLIGHTS

  • Walgreens is on a Corporate NNN lease with 6 years, 8 months remaining.
  • Walgreens is located on the 1st and 2nd floor of Treasure Island Center in St. Paul, MN.
  • 5-mile population of 377,595 and average household income of $104,716.
  • Located near I-94 where traffic counts average 141,085 vehicles per day and I-35E with traffic counts of 70,774 per day.
  • Top Downtown St. Paul Employers include: EcoLab, Securian Financial, The Travelers Companies, Infor, and Minnesota College & Government Entities.

OVERVIEW

Walgreens condo ownership. Tenant pays Cam, Tax, Insurance and Reimburses for REA.

FOR SALE DETAILS

PRICE

$4,451,000 USD

PRICE/SF

$18 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

800

LAND DETAILS

LAND ACRES

2.25 AC

LAND SF

98,010 SF

ZONING

B4

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Keith SturmUpland Real Estate Group, Inc.More Info
612-332-6600

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Keith SturmUpland Real Estate Group, Inc.More Info
612-332-6600

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