Single-Tenant Drug Store with
For Sale
Contact for pricing
Pending
25 2nd St NE, Aitkin, MN 56431
CVS Pharmacy occupies the building under a net lease with approximately 11 years remaining and six renewal options.
Property Size8,789 SF
Days on Market141
Property Features for 25 2nd St NE
General Information
Standard status
Pending
Size
8,789 SF
Property subtype
Retail
Additional Details
Drive-Thru
Yes
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
The Boulder Group
(847) 562-0003
Listed By:
Randy Blankstein · License #IL 471005983
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 1:14PM
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 The Boulder Group
Investment Insights
Based on property information with market context.
This single-tenant drug store is occupied by CVS Pharmacy under a net lease with approximately 11 years remaining. The agreement includes six 5-year renewal options, with rental escalations of 10% during the first option and 5% during each subsequent option. The property includes an on-site drive-thru pharmacy and an 8,789-square-foot building.
Located in Aitkin, MN, the property serves a trade area with 15,782 residents within fifteen miles. Retail activity in the surrounding area includes Family Dollar, O’Reilly, Subway, Dairy Queen, and McDonald’s, while additional traffic generators include the Aitkin Farmers Market, United States Postal Office, Aitkin County Fair Grounds, and Aitkin High School. CVS Pharmacy is rated BBB by Standard & Poor’s.
Located in Aitkin, MN, the property serves a trade area with 15,782 residents within fifteen miles. Retail activity in the surrounding area includes Family Dollar, O’Reilly, Subway, Dairy Queen, and McDonald’s, while additional traffic generators include the Aitkin Farmers Market, United States Postal Office, Aitkin County Fair Grounds, and Aitkin High School. CVS Pharmacy is rated BBB by Standard & Poor’s.
Key Highlights
- 8,789‑square‑foot CVS Pharmacy building
- Approximately 11 years remaining on the net lease
- Six 5‑year renewal options
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
489
Businesses Nearby
48k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 62%
Dining 38%
McDonald's
Dining
15,704 visits/mo
0.4 miles
Holiday Station Store
Shops & Services
14,671 visits/mo
0.2 miles
Dollar General
Shops & Services
6,727 visits/mo
0.3 miles
O'Reilly Auto Parts
Shops & Services
3,395 visits/mo
0.4 miles
SUBWAY
Dining
2,630 visits/mo
0.1 miles
Demographics for 56431, MN
8,763
Population
7,113
Households
1.2
Avg Household Size
56
Median Age
21%
College-Educated
95%
High-School Grad
462.8 sq mi
ZIP Area
19
Density / Sq Mi
$64,846
Median Household Income
$36,947
Median Earnings
$883
Median Rent
$264,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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- Patrick L. Holder, RPH — 124 Minnesota Ave N, Aitkin, MN 56431, United States
- CVS — 25 2nd St NE, Aitkin, MN 56431
Frequently Asked Questions
What type of property is this?
Drug store - CVS Pharmacy occupies the building under a net lease with approximately 11 years remaining and six renewal options.
Where is this drug store located?
The property is located at 25 2nd St NE Aitkin, MN.
What are key features of this property?
This property features: 8,789‑square‑foot CVS Pharmacy building; Approximately 11 years remaining on the net lease; Six 5‑year renewal options
