5801 Brooklyn Blvd Brooklyn Center, MN 55429

This fee-simple investment offers a 14,662 sq ft CVS Pharmacy in Brooklyn Center, MN, within the Minneapolis-St. Paul MSA. The property boasts a strong location at a signalized intersection with high daily traffic counts (49,200 vehicles) and convenient access to major highways (I-94 and Hwy 100). The absolute NNN lease features a corporate guarantee from CVS, the largest pharmacy chain in the US, with nearly 10 years remaining on the initial term and 10 (5-year) option periods. The property includes a drive-thru, maximizing convenience and sales. Situated in a dense retail corridor with strong tenant synergy, including Cub Foods, Walmart, T.J. Maxx, and others, the property benefits from a large consumer base. The 1.53-acre lot provides ample parking (64 spaces). The building, constructed in 2005, is zoned PUD/C2. The 5-mile trade area boasts a population of over 319,100 residents and 130,700 daytime employees, with an average household income of $93,812. This investment offers a 5.65% cap rate and a NOI of $352,718, with an asking price of $6,243,000 ($425.79/sq ft). The property's strong tenant, location, and lease terms make it an ideal, management-free investment opportunity.