Walgreens White Bear Lake — Sale in White Bear Lake, MN
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: White Bear Lake, MN 55115
Investment Figures
- Cap rate
- 9.25%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
The Asset is part of a 3-Pack portfolio with two additional Walgreens located in New York and Texas. The Assets are required to sell together as a portfolio. Investment Highlights: • Ranked #27 of 143 in Minnesota per Placer.ai. • White Bear Lake is a premier residential and commercial hub in the "East Metro" of the Twin Cities metropolitan area with average HH incomes of $118,000 in a 3-mile radius. • Located at the intersection of Wildwood Road and Geneva North with 26,500 VPD.
Market Context
This retail in White Bear Lake, MN is listed for sale. It is offered at an approximate 9.2% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 87 days. Compare it against other retail listings for sale in White Bear Lake, MN — view the full market.
Contact
- Tivon Moffitt · (602) 687-6688 · tmoffitt@ipausa.com
- John Spina · (602) 687-6661 · john.spina@marcusmillichap.com
- Peter Bauman · (602) 687-6685 · pbauman@ipausa.com
- Jon Ruzicka · (952) 852-9700
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