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326 W Lincoln Ave Fergus Falls, MN 56537

For Sale
$5,461,540

NNN leased Walgreens with drive-thru in Fergus Falls, Minnesota.

Property size:
14,820 SF
Lot size:
1.16 Acres

Property Features for 326 W Lincoln Ave

General Information

Size
14,820 SF
Lot size
1.16 Acres

Source: Upland Real Estate Group, Inc Agent Keith A Sturm

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Fergus Falls Walgreens For Sale

This commercial property is located in Fergus Falls, Minnesota, approximately 60 miles southeast of Fargo, ND, and 177 miles northwest of the Twin Cities. The property is situated on a corner location along the main thoroughfare of Fergus Falls, near the population center. It features a drive-thru. The surrounding area includes tenants such as The Home Depot, Fleet Farm, ALDI, Walmart, Scooter’s, and Harbor Freight Tools. Fergus Falls is a county seat and home to the Minnesota State Community and Technical College, which enrolls nearly 6,400 students annually. The property benefits from traffic counts of 17,900 vehicles per day on Interstate 94 and 13,394 vehicles per day on W Lincoln Ave. Within a 5-mile radius, the population is 16,324 with an average household income of $77,651. The property is occupied by Walgreens, operating nearly 9,000 stores in all 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. Walgreens has over 9 years remaining on a corporate NNN lease. The property size is 14,820 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Walgreens Photo Passport Photo Processor Coinhub Bitcoin ATM ... Atm Walgreens Drug Store Walgreens Pharmacy Pharmacy Western Union Money Transfer Service

Suggested Use

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

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

Similar Places Nearby

Thrifty White Pharmacy, Virginia J. Winters, RPH

Location Insight

  • Map
  • Local Demand
City
Fergus Falls
County
Otter Tail
State
Minnesota
Longitude
-96.078865
Latitude
46.2838182

FAQs

What type of property is this?
Drug store - NNN leased Walgreens with drive-thru in Fergus Falls, Minnesota.
Where is this drug store located?
The property is located at 326 W Lincoln Ave Fergus Falls, MN.
What is the asking price?
The asking price for this property is $5,461,540.
What are key features of this property?
This property features: - Corporate NNN lease with 9+ years remaining, backed by Walgreens (S&P Rated BBB).; - Store sales have been increasing over the last 3 years.; - **High-traffic corner location with a drive-thru on the main thoroughfare.**
More about this property
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