The site presents a potential opportunity for future mixed-use redevelopment, including residential units above ground-floor retail. A strong underlying building is currently masked by the existing façade. Redevelopment would provide the opportunity to re-tenant the property to higher-rent boutique, restaurant, medical, or experiential users. Highlights • Prime Grand Avenue frontage with excellent visibility and access • Large-format retail footprint (rare on the corridor) • In-place income from Walgreens through March 31, 2029 • Strong underlying land value on an irreplaceable Saint Paul commercial corridor • Hard to find off-street parking on Grand Avenue • Re-tenanting to higher-rent boutique, restaurant, medical, or experiential users • Potential redevelopment into residential or mixed-use including retail • In-place rents below market with future upside