NNN Drug Store with Long
For Sale
Contact for pricing
1110 Larpenteur Ave W, Saint Paul, MN 55113
Walgreens is offered on an absolute net lease with zero landlord responsibilities and a 16+ year remaining firm term.
Property SizeContact for details
Days on Market120
Property Features for 1110 Larpenteur Ave W
General Information
Standard status
Active
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Deerfield Partners
Listed By:
Art Griffith · License #CA 01400709
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 20 at 6:20PM
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 Deerfield Partners
Investment Insights
Based on property information with market context.
This Walgreens drug store is offered for sale on an Absolute Net Lease with reported zero landlord responsibilities. The lease includes a long remaining firm term of 16+ years. The offering also notes strong reported sales history.
The property is located at 1110 Larpenteur Ave W in St. Paul, Minnesota, in an affluent area with a strong trade area. Nearby retailers and national tenants mentioned in the corridor include ALDI, AutoZone, Cub Foods, Dollar Tree, Taco Bell, Papa Johns, and Sherwin Williams.
The investment is presented as suitable for a 1031 exchange, with full rents guaranteed by Walgreens Corporate, according to the provided remarks.
The property is located at 1110 Larpenteur Ave W in St. Paul, Minnesota, in an affluent area with a strong trade area. Nearby retailers and national tenants mentioned in the corridor include ALDI, AutoZone, Cub Foods, Dollar Tree, Taco Bell, Papa Johns, and Sherwin Williams.
The investment is presented as suitable for a 1031 exchange, with full rents guaranteed by Walgreens Corporate, according to the provided remarks.
Key Highlights
- Walgreens on an absolute net lease with zero landlord responsibilities
- 16+ years remaining firm lease term
- Full rents guaranteed by Walgreens Corporate
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
593
Businesses Nearby
137k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 44%
Groceries 40%
Dining 12%
Home Improvements & Furnishings 3%
Cub Foods
Groceries
33,202 visits/mo
0.1 miles
Aldi
Groceries
21,510 visits/mo
0.1 miles
Pet Supplies Plus
Shops & Services
15,546 visits/mo
0.0 miles
Dollar Tree
Shops & Services
15,088 visits/mo
0.1 miles
Speedway
Shops & Services
11,254 visits/mo
0.4 miles
Demographics for 55113, MN
41,699
Population
19,075
Households
2.2
Avg Household Size
40
Median Age
55%
College-Educated
95%
High-School Grad
14.8 sq mi
ZIP Area
2,818
Density / Sq Mi
$86,830
Median Household Income
$49,820
Median Earnings
$1,353
Median Rent
$331,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Walgreens Pharmacy — 1110 Larpenteur Ave W, St Paul, MN 55113
- Doan Chau, PharmD — 1739 Lexington Ave N, Roseville, MN 55113
- Cub Pharmacy — 1201 Larpenteur Ave W, Roseville, MN 55113
- COVID-19 Drive-Thru Testing at Walgreens — 1110 Larpenteur Ave W, St Paul, MN 55113
- Basma Abd El-Rahman — 1739 Lexington Ave N, Roseville, MN 551136522
Frequently Asked Questions
What type of property is this?
Drug store - Walgreens is offered on an absolute net lease with zero landlord responsibilities and a 16+ year remaining firm term.
Where is this drug store located?
The property is located at 1110 Larpenteur Ave W Saint Paul, MN.
What are key features of this property?
This property features: Walgreens on an absolute net lease with zero landlord responsibilities; 16+ years remaining firm lease term; Full rents guaranteed by Walgreens Corporate
