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6061 N Osgood Ave
Oak Park Heights, MN 55082
Walgreens | Fantastic Sales History · Retail Property For Sale
Investment Highlights
- 9+ years remaining on an Absolute Triple Net lease with an investment grade credit tenant (NASDAQ: WBA) – BBB rating by Standard & Poor’s
- Walgreens is deemed an “Essential Business” and continues to see consistent revenue both in store and through the drive thru window
- Oversized 2-acre parcel, with excellent visibility and access at the intersection of N. Osgood Avenue and MN-36 which sees over 42,000 cars per day
- 14+ year operating history at the location and excellent reported store sales that are well above the national average – contact broker for details
- Ten, 5-year options on the back end of the lease as opposed to the new structure of fifty 1-year options
- Affluent demographics, with average household incomes of over $106,000 in the 1, 3 and 5-mile radii
Property Facts
Property Type
Retail
Property Subtype
Building Size
10,516 SF
Building Class
C
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.30 AC
Parking
50 Spaces (4.75 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,008,900 | |
| Land Assessment | $908,600 | Total Assessment | $2,917,500 |
Property Taxes
Parcel Numbers
Land Assessment
$908,600
Improvements Assessment
$2,008,900
Total Assessment
$2,917,500
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