Walgreens - NNN Net Lease Property for Sale

Apple Valley, MN

RetailPharmacy/DrugAbsolute NNNNet LeaseGround LeaseCorporate Guarantee

Price

$1,878,000

Cap Rate

5.8%

Building Size

N/A SF

Year Built

1986

Walgreens NNN net lease property for sale in Apple Valley, MN

About This Walgreens Net Lease Property

This Walgreens NNN (triple net lease) property is located in Apple Valley, MN and represents an excellent investment opportunity for commercial real estate investors. The property featuresquality square feet of building space and was built in 1986.

With a cap rate of 5.8%, this Walgreens net lease property offers stable income potential. The asking price is $1,878,000, making it an attractive option for 1031 exchange investors seeking quality Walgreens commercial properties.

Why Invest in Walgreens NNN Properties?

  • Stable Income: Walgreens net lease properties provide predictable cash flow with minimal landlord responsibilities.
  • Strong Tenant: Walgreens is a nationally recognized brand with proven operational success.
  • 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
  • Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.

Apple Valley, MN Market Overview

Located in Apple Valley, MN, this Walgreens property benefits from strong local demographics and market fundamentals. The Apple Valley area offers excellent visibility and accessibility, making it an ideal location for Walgreens operations and a solid investment for net lease property buyers.

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