Freestanding Walgreens Drug
New
For Sale
$11,100,000
1055 Wayzata Blvd E, Wayzata, MN 55391
Freestanding retail building leased to Walgreens under a net lease structure.
Property Size15,149 SF
Price / SF$732.72
Days on Market2
Property Features for 1055 Wayzata Blvd E
General Information
Standard status
Active
Size
15,149 SF
Property subtype
Retail
Occupancy
100%
Net Operating Income
$615,300
Additional Details
Asking Price
$11,103,450
Corner Location
Yes
Building Details
Building Size
15,149 SF
Year Built
2015
Tenancy
Single
Listing Agency:
NAI Gateway Commercial
Listed By:
Amelia Larson · License #MN #40825587
(952) 491-3069
Source:
Naiglobal
Added: Sep 19
Last Checked: Sep 20 at 6:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Gateway Commercial
Investment Insights
Based on property information with market context.
This 15,149-square-foot freestanding drug store was built in 2015 and is fully occupied by Walgreens. The property is offered through a Delaware Statutory Trust structure and operates under a net lease arrangement, with 8+ years remaining on the lease term.
The store occupies the signalized corner at 1055 Wayzata Blvd E in Wayzata, Minnesota, near Lake Minnetonka and approximately 12 miles west of Minneapolis. Its placement provides a prominent retail setting within the surrounding Wayzata market.
The store occupies the signalized corner at 1055 Wayzata Blvd E in Wayzata, Minnesota, near Lake Minnetonka and approximately 12 miles west of Minneapolis. Its placement provides a prominent retail setting within the surrounding Wayzata market.
Key Highlights
- 15,149 SF freestanding drug store
- 100% occupied by Walgreens
- 8+ years remaining on the lease
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
694
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 55391, MN
15,782
Population
7,445
Households
2.1
Avg Household Size
48
Median Age
72%
College-Educated
99%
High-School Grad
16.5 sq mi
ZIP Area
956
Density / Sq Mi
$170,115
Median Household Income
$72,262
Median Earnings
$1,498
Median Rent
$795,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drug store - Freestanding retail building leased to Walgreens under a net lease structure.
Where is this drug store located?
The property is located at 1055 Wayzata Blvd E Wayzata, MN.
What is the asking price?
The asking price for this property is $11,100,000.
What are key features of this property?
This property features: 15,149 SF freestanding drug store; 100% occupied by Walgreens; 8+ years remaining on the lease
