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Investment Highlights

  • 8 Years Remaining | Corporate Signature | Options To Extend
  • Crossroads Center | Apache Mall | Dense Retail Corridor
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Strong Demographics In 5-Mile Trade Area

Executive Summary

• The subject property is located directly across from the Crossroads Center, which features tenants including ALDI, OfficeMax, Chick-fil-A, Chipotle, Outback Steakhouse, and many others
• Located approximately 1 mile from Apache Mall, which includes national/credit tenants such as Scheel’s, Barnes & Noble, Macy’s, JCPenney, Starbucks, Firestone, Red Lobster, and more
• The asset is located in the center of a primary retail corridor with other national/credit tenants including a Walmart Supercenter, Hy-Vee, Ulta, Kohl’s, McDonald’s, Dave’s Hot Chicken, and others
• Strong tenant synergy promotes crossover shopping to the subject property

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,490 SF
Building Class
B
Year Built
2009
Price
$5,573,000
Price Per SF
$384.61
Cap Rate
7%
NOI
$390,095
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
1.15 AC
Zoning
MX-T - MX-T Transit Oriented Development Node
Parking
59 Spaces (4.07 Spaces per 1,000 SF Leased)

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Walgreens Boots Alliance began with Walgreens, which was founded in 1901 and grew from a neighborhood drugstore into a large pharmacy and retail business. The company was formed later through the combination of Walgreens and Alliance Boots, creating a business with a broad presence in pharmacy retail and health-focused services. Its operations include retail pharmacy, healthcare services, and pharmaceutical wholesale, with digital and in-store offerings that support prescription access, consultations, immunizations, and wellness products. Walgreens Boots Alliance has remained centered on pharmacy-led care while serving customers through a mix of community locations and online channels.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer - $9.99 Lorem Ipsum Jan 0000
Moderately walkable
70/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100

Nearby Major Retailers

Outback Steakhouse
Hy-Vee
Perkins
Green Mill On The Go
Caribou Coffee
Scooter's Coffee
Buffalo Wild Wings
Applebee's
Starbucks
Trader Joe's

Property Taxes

Property Taxes

Parcel Number
64.11.13.078786
Land Assessment
$1,087,400
Improvements Assessment
$1,694,300
Total Assessment
$2,781,700
  • Listing ID: 40751730

  • Date on Market: 6/2/2026

  • Last Updated:

  • Address: 80 14th St SW, Rochester, MN 55902

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