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27627020
27627017

14700 Lac Lavon Dr, Burnsville, MN 55306

Forte Real Estate Partners, LLC
Listed by Forte Real Estate Partners, LLC
$2,700,000
245 days on market
Updated 1 day ago

Walgreens

Details
Property Type Retail
Sub Type Pharmacy/Drug
Square Footage 15,225
Cap Rate 7.00%
Occupancy 100%
Tenancy Single
Brand/Tenant Walgreens
Lease Type NNN
Lease Expiration 11/30/2055
Remaining Term 29.5
Year Built 1991
Year Renovated 2005
Buildings 1
Stories 1
Acreage 1.730
Zoning B-2

Walgreens NNN - For Sale - Strong traffic counts in high-demand retail zone.

Marketing description

Reduced Price: Was $3,100,000 | New $2,700,000

Great Investment opportunity.

Strategically positioned on a prominent retail corridor, this single-tenant Walgreens enjoys exceptional visibility along County Road 42, nestled between major interstates I-35E/I-35W and Cedar Avenue. The property sits on a 1.73- acre site and features a 15,225 square foot building constructed in 1991. With strong traffic counts and proximity to key residential and commercial areas, this location offers a stable investment opportunity in a high-demand retail zone.

Investment highlights

• Excellent visibility along County Road 42

• NOI: $220,000.00

• Expansion completed in 2005

• Surrounded by commercial and residential development

• Features a drive thru lane on the east side of the building

Listing Contacts

Forte Real Estate Partners, LLC
Listed by Forte Real Estate Partners, LLC

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