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4100 W Broadway Ave

Robbinsdale, MN 55422

$8,993,333

Drugstore For Sale  •  9,793 Sq Ft

Property Details

  • Property Type Drugstore
  • Total Building Size 9,793 Sq Ft
  • Lot Size 0.23 ac
  • Building Class C
  • Year Built 2010
  • Cap Rate 6.00 %
  • Tenancy Single
40 Transit Score
81 Walk Score

Description

This is an excellent opportunity to purchase an investment property for $8,993,333 at 6.00% cap rate, with a 16 1/2 years remaining on a 25 year lease. There are Ten 5-Year renewal options with this lease.  Walgreens is the nation’s #1 drugstore chain operating more than 8,100 mostly freestanding stores.

Property Flyers

Cap Rate: 6.00 %

Amenities

  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Target Field Station Commuter Rail (Northstar Corridor) 12 min - 4.9 mi
Fridley Station Commuter Rail (Northstar Corridor) 11 min - 5.8 mi
AirportDriveWalkDistance
Minneapolis–Saint Paul International Airport 30 min - 20.7 mi

Parking Details

Parking Available: No
Reserved: No
Type: Covered
Included in Rent: Yes
Keith Sturm 612-332-6600 Upland Real Estate Group, Inc.
Keith Sturm 612-332-6600 Upland Real Estate Group, Inc.