For Sale
$7,500,000

4950 County Road 101 Minnetonka, MN 55345

NNN Lease, Corporate Guarantee, High Traffic

Overview

Added:
Jan 24
Days on market:
89
Exceptional investment opportunity: a well-established Walgreens in Minnetonka, MN (55345), at 4950 County Road 101. This 12,544 square foot property sits on a 1.63-acre lot, boasting a highly desirable hard corner location with excellent ingress and egress. The property benefits from a strong absolute NNN lease with zero landlord obligations, providing significant passive income potential. The lease has 10 years remaining and is corporately guaranteed by Walgreens (NASDAQ:WBA), mitigating risk and ensuring consistent cash flow. The Walgreens features a convenient drive-thru, enhancing its appeal and profitability. Its strategic location along State Highway 7 places it near other major retailers, including Target, Planet Fitness, Dairy Queen, and Cub Grocery Store, ensuring high visibility and consistent customer traffic. Minnetonka, a thriving western suburb of the Twin Cities, offers a strong demographic profile and robust local economy. This presents a rare opportunity to acquire a stable, high-performing asset with long-term growth potential in a prime location. The property's size, location, and lease terms make it an attractive investment for discerning buyers seeking a low-maintenance, high-return investment.

Highlights

  • Exceptional Minnetonka, MN Walgreens location with a drive-thru.
  • 10-year corporate-guaranteed lease with zero landlord responsibilities.
  • High-traffic corner lot near Target, Planet Fitness, and other major retailers.

Property Details for 4950 County Road 101

Property type
Retail properties
Square Feet
12,544 SF
Price / Square Foot
$597.90
Buildings
1
Stories
1
Elevators
N/A
Lot Size (sq. ft)
71,003 SF

Location Insight

City
Minnetonka
County
State
Minnesota

FAQs

What type of property is this?
Retail property - NNN Lease, Corporate Guarantee, High Traffic
Where is the retail property located?
The property is located at 4950 County Road 101 Minnetonka, MN.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: Exceptional Minnetonka, MN Walgreens location with a drive-thru.; 10-year corporate-guaranteed lease with zero landlord responsibilities.; High-traffic corner lot near Target, Planet Fitness, and other major retailers.
How can I contact the broker?
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4950 County Road 101
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