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4950 County Road 101 Minnetonka, MN 55345

Sponsored
For Sale
$7,500,000

NNN Lease, Corporate Guarantee, High Traffic

Property size:
12,544 SF

Description

Added:
Jan 24, 2025
Days on Market:
348
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.

Property Features for 4950 County Road 101

General Information

Property type
Other retail properties
Square Feet
12,544 SF
Price / Square Foot
$597
Elevators
N/A
Lot Size
71,003 SF

Building Details

Buildings
1
Stories
1

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.
Location Intelligence

Current Use by Public Records

Retail properties

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Minnetonka
State
Minnesota
Longitude
-93.504287
Latitude
44.914481

FAQs

What type of property is this?
Other retail property - NNN Lease, Corporate Guarantee, High Traffic
Where is this other 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.
More about this property
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