25 2nd St NE | Aitkin, MN 56431
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- LoopNet Team
25 2nd St NE
Aitkin, MN 56431
CVS Pharmacy · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- CVS is an Investment grade rated tenant (S&P: BBB)
- Favorable Option Structure: Six- 5 year options with a 10% increase in the first option and 5% thereafter
- CVS has operated at this location since 2013, demonstrating their commitment to the site
- CVS is the 6th ranked company in the fortune 500
- Over ±10 years remaining on the original lease term
- This property is located in a dense retail corridor with other national retailers such as, McDonald’s, Subway, Dairy Queen, Family Dollar, and more
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,789 SF
Building Class
C
Year Built
2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.35
Lot Size
0.57 AC
Zoning
C - Commercial
Parking
45 Spaces (5.12 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Wheelchair Accessible
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 56-1-003300 | Improvements Assessment | $524,900 |
| Land Assessment | $28,500 | Total Assessment | $553,400 |
PROPERTY TAXES
Parcel Number
56-1-003300
Land Assessment
$28,500
Improvements Assessment
$524,900
Total Assessment
$553,400
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