115 2nd Ave N | Sauk Rapids, MN 56379
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- LoopNet Team
115 2nd Ave N
Sauk Rapids, MN 56379
Walgreens - Sauk Rapids, MN · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Strong sales performance: Historical sales data highlights this Walgreens as a high-performing location, generating consistent revenue
- Absolute NNN lease - zero landlord responsibilities: The property is under an Absolute Triple Net (NNN) lease, meaning Walgreens covers all expenses
- Region's largest healthcare facility: As the closest pharmacy to St. Cloud hospital, a 1.6m sf, 500-bed medical hub
- Relocation from former nearby store: Walgreens reaffirmed its commitment to this market by relocating from its former store to this newly constructed
- Freestanding building at high-traffic corner: Strategically positioned at a bustling signalized intersection, this property sees over 35,000 vehicles
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
14,490 SF
Building Class
B
Year Built
2011
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.59 AC
Zoning
C - Commercial
Parking
35 Spaces (2.42 Spaces per 1,000 SF Leased)
Frontage
297’ on 2nd Ave N
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 19.04825.00 | Improvements Assessment | $1,643,200 |
| Land Assessment | $589,800 | Total Assessment | $2,233,000 |
PROPERTY TAXES
Parcel Number
19.04825.00
Land Assessment
$589,800
Improvements Assessment
$1,643,200
Total Assessment
$2,233,000
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