3207 East Lake Street
Minneapolis, MN 55406 ·
10,812 SF · Retail For Sale
|Price||N/A||Property Use Type||Net Lease Investment with 5 years left on lease|
|Building Size||10,812 SF||Cap Rate||8.30%|
|Property Sub-type||Free Standing Bldg||Tenancy||Single|
|Listing ID: 17487341||Date Created: 01/16/2012||Last Updated: 11/05/2012|
The property is leased to Walgreens with 5 years of firm term. Walgreens has enjoyed strong success at this site. Sales at this location totaled $7.7 million ($718 psf) for 2011.
Developed in 1986, this single-story, 10,812 square foot building is located along East Lake Street just south of Downtown Minneapolis.
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