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4880 NE Central Ave
Minneapolis, MN 55421
Walgreens · Retail Property For Sale
Investment Highlights
- Investment-Grade Tenant, Absolute Triple Net (NNN) Lease Opportunity With Zero Landlord Responsibilities
- Strong Corporate Guarantee in Place With Long Term Operating History at Location – Long Term Security and Stability For the Investor
- Dense Urban Infill Location – Over 285,484 Residents With an Average Household Income of $81,205 Within a 5-Mile Radius of the Property
- Industry-Leading Tenant (NYSE: WAG)
- Walgreens Dominates the Minneapolis Market and Has Minimal Competition From CVS Along With Zero Rite Aids in Minneapolis
- Dominant Retail Destination in North Minneapolis MSA
Property Facts
Property Type
Retail
Property Subtype
Building Size
13,650 SF
Building Class
B
Year Built
2002
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.36 AC
Zoning
C-1 - Highway Commercial
Parking
30 Spaces (5.37 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signalized Intersection
- Drive Thru
About 4880 NE CENTRAL AVE , MINNEAPOLIS, MN 55421
Jennifer D. Stein – JDS Real Estate Services, Inc. MN Lic. # 40407966 & CA Lic. #01507135 213.446.5366 | jstein@jdsreservices.com
Property Taxes
| Parcel Number | 26-30-24-41-0026 | Improvements Assessment | $1,440,100 |
| Land Assessment | $1,042,600 | Total Assessment | $2,482,700 |
Property Taxes
Parcel Number
26-30-24-41-0026
Land Assessment
$1,042,600
Improvements Assessment
$1,440,100
Total Assessment
$2,482,700
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