This Retail Property is Off-Market.

3207 East Lake Street
Minneapolis, MN 55406 ·

10,812 SF · Retail For Sale

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Minneapolis Walgreens

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 Type Retail Occupancy 100%
Property Sub-type Free Standing Bldg Tenancy Single
Listing ID: 17487341 Date Created: 01/16/2012 Last Updated: 11/05/2012

Description

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.

Research

3207 East Lake Street, Minneapolis, MN 55406 (Hennepin County)

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