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Walgreens Drug Store with Drive-Through
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1911 South Ferry St, Anoka, MN 55303

Freestanding pharmacy property with a double-net lease and corporate tenant guarantee.

Property Size13,450 SF
Lot Size1.72 Acres
Days on Market144

Property Features for 1911 South Ferry St

General Information

Standard status Active
Size 13,450 SF
Lot size 1.72 Acres
Property subtype Retail
Occupancy 100%

Site & Location

Corner Location Yes
Drive-Thru Yes
Traffic Count 50,000 vehicles/day
Road Access Yes

Building Details

Year Built 1994
Buildings 1
Tenancy Single
Listing Agency: Marcus & Millichap - Los Angeles
Listed By: Martin Cohan · License #CA 00939478
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 31 at 2:33AM

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 Marcus & Millichap - Los Angeles

Investment Insights

Based on property information with market context.

This freestanding Walgreens drug store contains 13,450 square feet on a 1.72-acre site. Built in 1994, the property includes a drive-through pharmacy and operates under a double-net lease, with the landlord responsible for the roof and structure. The lease term is 48 years and includes termination options beginning December 31, 2024, followed by additional options every five years for the balance of the term. The roof was replaced in 2013 and carries a warranty through 2023.

The property occupies the southwest corner of South Ferry Street and West Main Street in downtown Anoka, at a signalized intersection with traffic counts exceeding 50,000 vehicles per day. Four access points serve the site. Nearby businesses and civic uses include US Bank, Caribou Coffee, AutoZone, Anoka City Hall, and local retail shops and restaurants.

The lease includes a Walgreens corporate guarantee. Standard & Poor’s assigns the tenant a BBB rating.

Key Highlights

  • 13,450 SF freestanding Walgreens drug store on 1.72 acres
  • Drive‑through pharmacy at a signalized corner
  • Traffic counts exceeding 50,000 vehicles per day

Property Analytics

Current Use

Walgreens Photo (Bike/Boat/Book/etc) Store Walgreens Pharmacy Pharmacy FedEx OnSite Postal Service COVID-19 Drive-thru Testing ... Pharmacy Coinhub Bitcoin ATM ... Atm

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Storage Facility Electrical Service Hair Salon

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

Lease Details

50,000 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,205
Businesses Nearby
8k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Holiday Station Store Shops & Services
8,391 visits/mo 0.4 miles

Demographics for 55303, MN

51,480
Population
20,317
Households
2.5
Avg Household Size
38
Median Age
31%
College-Educated
96%
High-School Grad
64.4 sq mi
ZIP Area
799
Density / Sq Mi
$101,351
Median Household Income
$54,788
Median Earnings
$1,348
Median Rent
$338,700
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

  • Nicole L. Scharber, PharmD 100 Monroe St, Anoka, MN 55303
  • Amanda M. Pasche, PharmD 100 Monroe St, Anoka, MN 55303, United States
  • John W. Sherven, Pharm 100 Monroe St, Anoka, MN 55303
  • Stacy A. Olson, PharmD 100 Monroe St, Anoka, MN 55303
  • Monica D. Clark, RPh 100 Monroe St, Anoka, MN 55303

Frequently Asked Questions

What type of property is this?
Drug store - Freestanding pharmacy property with a double-net lease and corporate tenant guarantee.
Where is this drug store located?
The property is located at 1911 South Ferry St Anoka, MN.
What are key features of this property?
This property features: 13,450 SF freestanding Walgreens drug store on 1.72 acres; Drive‑through pharmacy at a signalized corner; Traffic counts exceeding 50,000 vehicles per day
More about this property
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