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Established Walgreens in Minnetonka
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4590 County Rd 101, Minnetonka, MN 55345

Walgreens with drive-through on hard corner with 9+ years remaining.

Property Size12,544 SF
Price / SF$552.72
Days on Market693

Property Features for 4590 County Rd 101

General Information

Standard status Active
Size 12,544 SF
Property subtype Retail
Lease Type Absolute Net
Net Operating Income $624,000

Building Details

Tenancy Single
Listing Agency: Brait Capital
Listed By: Sean Stark · License #40622986
Source: Crexi
Added: Sep 27, 2024 Changed: Aug 16 Last Checked: Aug 20 at 3:15PM

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 Brait Capital

Investment Insights

Based on property information with market context.

This property features a well-established Walgreens location in Minnetonka, Minnesota. The lease, corporately guaranteed by Walgreens, has over nine years remaining and requires zero landlord obligations. The Walgreens includes a drive-through and is located on a hard corner, providing excellent ingress and egress. The property is near Target, Planet Fitness, Dairy Queen, and Cub Grocery Store. The building size is 12544 square feet.

Key Highlights

  • Corporately guaranteed lease by Walgreens
  • Zero landlord obligations
  • 9+ years remaining on the lease

Property Analytics

Current Use

Drug stores

Suggested Use

Top Pick Restaurant Auto Repair Shop Spa & Massage Center Hair Salon Auto Parts Store Building Supply

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

376
Businesses Nearby
238k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Superstores 32% Dining 28% Shops & Services 21% Groceries 14%
Target Superstores
76,727 visits/mo 0.3 miles
Cub Foods Groceries
32,810 visits/mo 0.3 miles
Culver's Dining
21,553 visits/mo 0.5 miles
Mister Car Wash Shops & Services
15,083 visits/mo 0.4 miles
Speedway Shops & Services
14,056 visits/mo 0.4 miles

Demographics for 55345, MN

22,051
Population
8,834
Households
2.5
Avg Household Size
45
Median Age
64%
College-Educated
97%
High-School Grad
11.4 sq mi
ZIP Area
1,934
Density / Sq Mi
$143,287
Median Household Income
$75,898
Median Earnings
$1,444
Median Rent
$478,800
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

  • Jenny L. Gau, PharmD minnetonka, mn 55345
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  • COVID-19 Drive-Thru Testing at Walgreens 4950 County Rd 101, Minnetonka, MN 55345
  • Nicholas Bidinger 4950 County Rd 101, Minnetonka, MN 553452637
  • John Du Pre 4950 County Rd 101, Minnetonka, MN 553452637

Frequently Asked Questions

What type of property is this?
Drug store - Walgreens with drive-through on hard corner with 9+ years remaining.
Where is this drug store located?
The property is located at 4590 County Rd 101 Minnetonka, MN.
What is the asking price?
The asking price for this property is $6,933,333.
What are key features of this property?
This property features: Corporately guaranteed lease by Walgreens; Zero landlord obligations; 9+ years remaining on the lease
(651) 353-1266 Call to check price and availability
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