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16750 95th Ave N
Osseo, MN 55311
Walgreens · Retail Property For Sale
Investment Highlights
- The property is leased directly with Walgreens Co., the largest drugstore chain in the U.S
- Walgreens originally signed a 25-year lease in 2006, and has thus been at this location for nearly 17 years with over eight years remaining.
- Within a three mile radius, the area contains nearly 40,000 residents, which have average household income of over $156,000
- The parent company of Walgreens, Walgreens Boots Alliance (NASDAQ: WBA) boasts an investment-credit rating of BBB (S&P)
- The lease features an absolute triple-net structure, virtually eliminating the Landlord of all responsibilities.
Property Facts
Property Type
Retail
Property Subtype
Building Size
14,820 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.87 AC
Amenities
- Corner Lot
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | 08-119-22-31-0005 | Improvements Assessment | $2,220,200 |
| Land Assessment | $1,051,900 | Total Assessment | $3,272,100 |
Property Taxes
Parcel Number
08-119-22-31-0005
Land Assessment
$1,051,900
Improvements Assessment
$2,220,200
Total Assessment
$3,272,100
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