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    Walgreens Drugstore with Absolute NNN Lease
    Updated: Apr 12
    Walgreens Drugstore with Absolute NNN Lease

    17630 Kenwood Trail, Lakeville, MN 55044

    Contact for pricing
    Walgreens lease carries 9 years of primary term remaining
    Absolute NNN structure with no landlord responsibilities
    Ten (5‑year) renewal options
    5.85% cap rate
    Southeast signalized corner at Kenwood Trail and Kenrick Avenue
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Lakeville, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Redevelopment Opportunity
    Mixed-Use Redevelopment Opportunity

    398 Wabasha St N, Saint Paul, MN 55101

    Contact for pricing
    17,101 sqft

    Located in a vibrant mixed-use redevelopment in downtown St. Paul.

    View details
    Urban Walgreens Drug Store
    Urban Walgreens Drug Store

    2099 Ford Parkway, Saint Paul, MN 55116

    Contact for pricing

    Walgreens drug store with easy access and visibility along Ford Parkway.

    View details
    Walgreens Drug Store with Absolute Net Lease
    Walgreens Drug Store with Absolute Net Lease

    3121 E Lake St, Minneapolis, MN 55406

    Contact for pricing

    Fee-simple ownership accompanies a newly rebuilt store and a lease structure with no landlord responsibilities.

    View details
    Freestanding NNN Walgreens Property
    Freestanding NNN Walgreens Property

    5428 Lyndale Ave S, Minneapolis, MN 55419

    Contact for pricing

    Relocated Walgreens along Lyndale Avenue near established retail, service, and institutional operators.

    View details

    Lakeville, MN Drug Stores Market Trends and Statistics

    Explore 1 drug stores for sale in Lakeville, MN on our real estate platform.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 3
    Storefront properties 2
    Drug stores 1
    Grocery and convenience stores 1

    Demographics Overview

    Population 63K
    Population Growth (5Y) +18.2%
    Median Household Income $140,612
    College Educated 72.3%

    Taxes & Financing

    Tax Rate (average for all types) 2.48%
    Property Tax per SF $30.84 per SF
    Tax Rate vs County Average 0.17 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Dakota County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Lakeville fall within the 100,000+ square foot range.

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