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    4880 Central Ave NE Hilltop, MN

    For Lease
    Contact for pricing

    Closed Walgreens available for lease with ample parking.

    Property size:
    13,650 SF
    Lot size:
    1.36 Acres

    Property Features for 4880 Central Ave NE

    General Information

    Size
    13,650 SF
    Lot size
    1.36 Acres

    Source: JLL Agent Zac Hoang

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

    Overview

    Former Walgreens Available for Lease

    A former Walgreens retail property is available for lease. The lease expiration date is December 31, 2027. The property features ample parking and is located at the signalized light directly fronting Central Ave NE. Taxes are approximately $7.75 per square foot. The property size is 13,650 square feet.
    Location Intelligence

    Current Use by Public Records

    Drug stores

    Similar Places Nearby

    Daniel J. Aulwes, RPH, Walgreens Pharmacy, Minnesota Hempdropz, Love is an Ingredient, Eternal Beauty & Health

    Map

    City
    Hilltop
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.2507196
    Latitude
    45.0530577

    FAQs

    What type of property is this?
    Drug store - Closed Walgreens available for lease with ample parking.
    Where is this drug store located?
    The property is located at 4880 Central Ave NE Hilltop, MN.
    What are key features of this property?
    This property features: - At the signalized light directly fronting Central Ave NE; - Ample Parking available; - Lease Expiration Date: 12/31/2027
    (612) 250-4663
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    4880 Central Ave NE Hilltop, MN
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    Hilltop, MN
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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
    4880 Central Ave NE Hilltop, MN
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