Log In/Sign Up
Your email has been sent.
Walgreens 400 Wabasha St 17,101 SF Retail Building Saint Paul, MN 55102 $4,451,000 ($260.28/SF) 8.50% Cap Rate
Investment Highlights
- Walgreens is on a Corporate NNN lease with 6 years, 8 months remaining.
- 5-mile population of 377,595 and average household income of $104,716.
- Top Downtown St. Paul Employers include: EcoLab, Securian Financial, The Travelers Companies, Infor, and Minnesota College & Government Entities.
- Walgreens is located on the 1st and 2nd floor of Treasure Island Center in St. Paul, MN.
- Located near I-94 where traffic counts average 141,085 vehicles per day and I-35E with traffic counts of 70,774 per day.
Executive Summary
Walgreens condo ownership. Tenant pays Cam, Tax, Insurance and Reimburses for REA.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
17,101 SF
Building Class
C
Year Built/Renovated
1963/2017
Price
$4,451,000
Price Per SF
$260.28
Cap Rate
8.50%
NOI
$378,350
Tenancy
Single
Building Height
2 Stories
Building FAR
0.17
Lot Size
2.25 AC
Opportunity Zone
Yes
Zoning
B4 - Central Business
Parking
800 Spaces (46.78 Spaces per 1,000 SF Leased)
Walk Score®
Walker's Paradise (97)
Bike Score®
Very Bikeable (77)
Nearby Major Retailers
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Walgreens | 400 Wabasha St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.