1023 1st Ave NE | Little Falls, MN 56345
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1023 1st Ave NE
Little Falls, MN 56345
Walgreens New 15 Tear Lease with 5% Increases · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 15 Year Absolute NNN Lease with Rental Increases Every 5 Years
- Corporate Guarantee - NASDAQ:WBA
- Close Proximity to Voyageur Highway & Interstate 27 Interchange - 14,000+ VPD
- Zero Landlord Obligations
- S&P Rated BBB Investment Grade Credit
- Across from Little Falls Community Middle & High School - 1,302 students combined
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
10,640 SF
Building Class
B
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.49 AC
Parking
70 Spaces (5.29 Spaces per 1,000 SF Leased)
AMENITIES
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 48.3118.000 | Improvements Assessment | $1,998,500 |
| Land Assessment | $303,800 | Total Assessment | $2,302,300 |
PROPERTY TAXES
Parcel Number
48.3118.000
Land Assessment
$303,800
Improvements Assessment
$1,998,500
Total Assessment
$2,302,300
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