Walgreens
Strong Store Sales | Prime Corner Location
Marketing description
Introducing this lucrative investment opportunity at WALGREEN'S - 5474 Mountain Iron Dr, Virginia, MN 55792. This exceptional property boasts a prime location at a lighted intersection along U.S. Highway 53, with strong store sales exceeding $2.8 million and an efficient 13,650 SF building featuring a drive-thru on a spacious 1.28-acre site.
With a lease type of Absolute Net, this property offers a stable NOI of $275,000 per year and a low rent of $20.15 per SF. The lease with Walgreens, a subsidiary of Walgreens Boots Alliance, provides a solid tenant profile with a corporate guarantee. Surrounded by major national retailers like Target, Menards, and McDonald's, this property benefits from a high-traffic area with approximately 20,000 vehicles passing by daily.
Don't miss out on this turnkey investment opportunity with potential for long-term growth and stable returns. Enquire now for more details and secure your future with WALGREEN'S - 5474 Mountain Iron Dr, Virginia, MN 55792.
Investment highlights
Efficient 13,650 S.F. Building w/ Drive-Thru
1.28 Acres Site
Build To Suit In 2006
Low Rent Of $275,000 Per Year
Store Sales Exceeding $2.8MM
Choice Corner Location
Lighted Intersection Along U.S. Highway 53
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.
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