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Drug Store with Absolute NNN Lease
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1788 Old Hudson Road, Saint Paul, MN 55119

Single-tenant retail facility supported by a long-term lease with no landlord repair or maintenance obligations.

Property SizeContact for details
Days on Market145

Property Features for 1788 Old Hudson Road

General Information

Standard status Active
Property subtype Retail
Listing Agency: Cushman & Wakefield - San Diego, California
Listed By: Brandon Price · License #CA 01822998
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 1:33PM

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 Cushman & Wakefield - San Diego, California

Investment Insights

Based on property information with market context.

This 14,490-square-foot drug store at 1788 Old Hudson Road in Saint Paul, Minnesota, is occupied by Walgreens. The property is subject to a 25-year lease that began in January 2003 and has approximately 11 years remaining on the initial term.

The lease is structured as absolute net, placing repair and maintenance responsibilities with the tenant and limiting ongoing landlord obligations. The asset is classified as a drug store and is also identified as a retail property and NNN property.

Key Highlights

  • 14,490 square feet
  • Walgreens‑occupied drug store
  • 25‑year lease commenced in January 2003

Property Analytics

Current Use

Drug stores

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Law Firm Big Box & Wholesale Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

585
Businesses Nearby
280k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 36% Superstores 28% Shops & Services 26% Groceries 9%
Target Superstores
77,348 visits/mo 0.2 miles
McDonald's Dining
34,533 visits/mo 0.1 miles
Aldi Groceries
24,395 visits/mo 0.5 miles
Holiday Station Store Shops & Services
23,701 visits/mo 0.1 miles
Speedway Shops & Services
17,420 visits/mo 0.1 miles

Demographics for 55119, MN

43,010
Population
16,806
Households
2.6
Avg Household Size
34
Median Age
32%
College-Educated
86%
High-School Grad
13.2 sq mi
ZIP Area
3,258
Density / Sq Mi
$77,870
Median Household Income
$42,860
Median Earnings
$1,351
Median Rent
$262,700
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • CVS Pharmacy 1744 Suburban Ave, St Paul, MN 55106
  • Amber L. Turrentine, PharmD 1744 Suburban Ave, St Paul, MN 55106, United States
  • Peter Horn, PharmD 1744 Suburban Ave, St Paul, MN 55106
  • Craig D. Hansen, Pharm 1744 Suburban Ave, St Paul, MN 55106
  • Larry Miller 1744 Suburban Ave #0068, St Paul, MN 551066619

Frequently Asked Questions

What type of property is this?
Drug store - Single-tenant retail facility supported by a long-term lease with no landlord repair or maintenance obligations.
Where is this drug store located?
The property is located at 1788 Old Hudson Road Saint Paul, MN.
What are key features of this property?
This property features: 14,490 square feet; Walgreens‑occupied drug store; 25‑year lease commenced in January 2003
(858) 558-5670 Call to check price and availability
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