Walgreens 915 Wildwood Rd Local commercial 1 377 m² À vendre White Bear Lake, MN 55115 3 764 512 € (2 734,20 €/m²) Taux de capitalisation 9 %

his Walgreens is well positioned in the vibrant retail corridor of White Bear Lake, Minnesota. This 14,820-square-foot, single-tenant property,
constructed in 2006, operates under an absolute triple-net (NNN) lease with approximately 6.5 years remaining until Walgreens first option,
offering investors a stable, long-term income stream with zero landlord responsibilities . Strategically located near the signalized intersection
of Wildwood Road and Geneva Avenue North, the site benefits from a combined traffic count of 26,500 vehicles per day and proximity to
Interstate 694, which sees over 80,000 vehicles daily . The surrounding area boasts strong demographics, with a population of approximately
119,000 and an average household income exceeding $106,000 within a five-mile radius . Notable neighboring tenants include CVS, ALDI,
Dollar Tree, and Caribou Coffee, enhancing the property’s retail synergy. Additionally, the presence of Century College, with over 16,000
students, and White Bear High School, with 2,500 students, further drives consistent foot traffic to the location.