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    2196 White Bear Ave Maplewood, MN 55109

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    For Sale
    $4,739,433

    NNN lease property in a dense residential and retail area.

    Property size:
    15,108 SF
    Lot size:
    1.69 Acres

    Property Features for 2196 White Bear Ave

    General Information

    Size
    15,108 SF
    Lot size
    1.69 Acres

    Source: Inventure Real Estate Agent Cameron Cropsey

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

    Overview

    Maplewood Retail Property For Sale

    This 15,108 square foot retail property is located on a signalized hard corner in a dense residential and retail area. The property benefits from its location across the street from a medical clinic and its proximity to city and county government properties. It features a Minute Clinic, HealthHub, and drive-through. The property is subject to an absolute NNN lease with zero landlord responsibilities. A full 3-year rent credit at closing is available to fully cover the landlord during the 3-year rent holiday.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Drug stores

    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

    Liberty Oxygen and Medical Equipment, Walgreens Pharmacy, Clay Funkhouser, Lisa Obrien, Kofi Boadu-Mensah

    Location Insight

    • Map
    • Local Demand
    City
    Maplewood
    County
    Ramsey
    State
    Minnesota
    Longitude
    -93.0245933
    Latitude
    45.0069735

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    FAQs

    What type of property is this?
    Drug store - NNN lease property in a dense residential and retail area.
    Where is this drug store located?
    The property is located at 2196 White Bear Ave Maplewood, MN.
    What is the asking price?
    The asking price for this property is $4,739,433.
    What are key features of this property?
    This property features: - Absolute NNN Lease with Zero Landlord Responsibilities; - Full 3-Year Rent Credit at Closing to Fully Cover Landlord During 3-Year Rent Holiday; - **Signalized Hard Corner Location**
    (952) 594-5616
    Request Owner's contact information
    2196 White Bear Ave Maplewood, MN 55109
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    Maplewood, MN 55109
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2196 White Bear Ave Maplewood, MN 55109
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