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2001 Nicollet Ave
Minneapolis, MN 55404
CVS Pharmacy on Nicollet · Multifamily Property For Sale · 63 Units
Executive Summary
CBRE is pleased to present CVS Pharmacy on Nicollet Avenue in Minneapolis, Minnesota. This is a rare opportunity for an investor to acquire a piece of dense urban infill real estate, located in a high profile neighborhood on the fringe of downtown Minneapolis. Approximately 13 and a half years on a NNN lease translate to ease of management for a new owner. This CVS location underwent a remodel in 2019. The subject property is surrounded by dense multifamily housing with several new developments just to the north slated for delivery between 2019 and 2021, adding nearly 700 units of affordable and market rate units to the immediate area. There are limited grocery and general retail options in this population area, making CVS Pharmacy a prime location for denizens to do business. This CVS Pharmacy also features a parking lot on the south side of the building with a drive-thru: rarely found amenities in a location with such proximity to a downtown financial center.
PROPERTY FACTS
| No. Units | 63 | Building Size | 94,302 SF |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 2006 |
| Apartment Style | Mid Rise | Parking Ratio | 2.84/1,000 SF |
| Building Class | B | APN / Parcel ID | 34-029-24-12-0216 |
| Lot Size | 1.22 AC |
| No. Units | 63 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | B |
| Lot Size | 1.22 AC |
| Building Size | 94,302 SF |
| No. Stories | 4 |
| Year Built | 2006 |
| Parking Ratio | 2.84/1,000 SF |
| APN / Parcel ID | 34-029-24-12-0216 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Freezer
Site Amenities
- Controlled Access
- Fitness Center
- On-Site Retail
- Elevator
- Smoke Detector
zoning
| Zoning Code | C2 |
| C2 |
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