INVESTMENT OPPORTUNITY
SAB Capital is pleased to present Walgreens in Roseville, MN, located just north of Minneapolis & St. Paul. The lease features an absolute triple net (NNN) structure with a corporate guarantee from Walgreens (S&P: BBB). The site is well located with 260,000+ residents in a 5 mile radius and over 12,600 vehicles per day (VPD) passing the location.
- Walgreens in Roseville, MN | 8 Miles Northeast of Downtown Minneapolis
- Zero Landlord Responsibilities | Absolute Triple Net (NNN) Lease Structure
- Corporately Guaranteed Lease | Walgreens is the 18th Ranked Company in the Fortune 500
- Signalized Corner Location | County Road C West & Rice Street Intersection Sees Over 12,645 Vehicles Per Day
- Prominent Pharmacy Operator | Walgreens Has Around 9,000 Locations
- High Quality Construction | Rare Brick Structure
- Significant Lease Term Remaining | Approximately 12 Years Left in Base Term
- National Retailers Located Nearby | AutoZone, Dunkin’, Domino’s, and Many More
| Tenant | Price | Cap Rate | Lease Type | Square Feet | Status |
|---|---|---|---|---|---|
| Walgreens | $10,560,000 | 6.25% | NNN | 14,820 | Available |
