5474 Mountain Iron Dr - Drug Store FOR SALE


Virginia, MN 55792
$3,250,000 USD
248-702-0288
5474 Mountain Iron Dr, Virginia, MN for Sale
$3,250,000 USD
Drug Store - FOR SALE
1/2
null | 8.46% Cap Rate

5474 Mountain Iron Dr
Virginia, MN 55792


HIGHLIGHTS

  • Efficient 13,650 S.F. Building w/ Drive-Thru
  • Build To Suit In 2006 | 1.28 Acres Site
  • Low Rent Of $275,000 Per Year
  • Store Sales Exceeding $2.8MM
  • AADT Approaching 20,000 Vehicles Per Day
  • Surrounded By National Retailers Including Target, Menards, Aldi, AutoZone, McDonald's, Dollar Tree, Hobby Lobby, Caribou And Many More

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$238 USD /SF

CAP RATE

8.46%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

68

LAND DETAILS

LAND ACRES

1.28 AC

LAND SF

55,757 SF

ZONING

-

APN/PARCEL ID

175007101223

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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