2196 White Bear Ave Maplewood, MN 55109
NNN leased CVS in a dense retail and residential area.
Type:Retail
Property size:
15,108 SF- Added:
- Oct 28, 2024
- Days on Market:
- 526
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 2196 White Bear Ave
General Information
- Standard status
- Active
- Size
- 15,108 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2005
Listing agent Cameron Cropsey License #MN 40555735
Listing office Inventure Real Estate
Listing date Oct 28, 2024
Source Crexi
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 Inventure Real Estate
Overview
Maplewood CVS NNN Investment Opportunity
The CVS property, situated at 2196 White Bear Avenue in Maplewood, MN, is available for sale. This property features an absolute NNN lease structure, presenting a hands-off investment opportunity with an investment-grade tenant holding a Baa2 rating from Moody's. The location benefits from its position within a densely populated residential and retail area, demonstrating strong real estate fundamentals. Several major retailers, including Target, Home Depot, Hy-vee, Menards, and Cub Foods, are located within a mile of the site. A medical clinic across the street provides a referral source for the pharmacy business. The property represents a high-yield investment opportunity within a submarket in Minnesota. The building has a property size of 15108 square feet. The Minneapolis-St. Paul MSA is ranked in the top 10 MSA's nationally over the last year for net natural increase in population and also ranks in the top 10 out of all the MSA's across the country in per capita GDP.
Location Intelligence
Current Use by Public Records
Drug stores
Similar Places Nearby
- Liberty Oxygen and Medical Equipment — 1715 Beam Ave, Maplewood, MN 55109
- Walgreens Pharmacy — 2920 White Bear Ave, Maplewood, MN 55109
- Clay Funkhouser — 2920 White Bear Ave N, Maplewood, MN 551091304
- Lisa Obrien — 2920 White Bear Ave NORTH, Maplewood, MN 551091304
- Kofi Boadu-Mensah — 2920 White Bear Ave N, Maplewood, MN 551091304
Location Insight
- Map
- Local Demand
- City
- Maplewood
- County
- Ramsey
- State
- Minnesota
- Longitude
- -93.0245933
- Latitude
- 45.0069735
Nearby Similar for Sale
FAQs
What type of property is this?
Drug store - NNN leased CVS in a dense retail and residential 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 provides a completely hands‑off investment.; Investment grade tenant (CVS) rated Baa2 by Moody's.; Located in a dense residential and retail area with excellent real estate fundamentals.
