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Freestanding NNN Walgreens Property
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5428 Lyndale Ave S, Minneapolis, MN 55419

Relocated Walgreens along Lyndale Avenue near established retail, service, and institutional operators.

Property SizeContact for details
Days on Market144

Property Features for 5428 Lyndale Ave S

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: Deerfield Partners
Listed By: Art Griffith · License #CA 01400709
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 2:17PM

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 Deerfield Partners

Investment Insights

Based on property information with market context.

This freestanding Walgreens property is offered with a long-term NNN lease structure. The store was relocated to its current position along Lyndale Avenue, providing a standalone retail setting within an established commercial area.

The property is at 5428 Lyndale Ave S in Minneapolis, approximately a 12-minute drive from MSP International Airport and downtown Minneapolis. Nearby operators include SportClips, Title Boxing Club, AutoZone, BP, Starbucks, F45 Training, and Enterprise Rent-A-Car. Surrounding institutional uses include Mt Olivet Nursing Home, Kenny Elementary School, and Anthony Middle School.

Key Highlights

  • Freestanding Walgreens with a long‑term NNN lease structure
  • Relocated store along Lyndale Avenue
  • Approximately a 12‑minute drive from MSP International Airport and downtown Minneapolis

Property Analytics

Current Use

Walgreens Photo (Bike/Boat/Book/etc) Store Walgreens Pharmacy Pharmacy Walgreens Cosmetic Store Western Union Bank FedEx OnSite Shipping Company

Suggested Use

Top Pick Law Firm Restaurant Parking Lot & Garage Grocery & Convenience Store Food Market 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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

624
Businesses Nearby
48k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 80% Dining 20%
Holiday Station Store Shops & Services
22,372 visits/mo 0.5 miles
Starbucks Dining
9,433 visits/mo 0.2 miles
BP Shops & Services
8,397 visits/mo 0.1 miles
AutoZone Shops & Services
3,649 visits/mo 0.1 miles
Valvoline Instant Oil Change Shops & Services
3,113 visits/mo 0.4 miles

Demographics for 55419, MN

27,919
Population
12,119
Households
2.3
Avg Household Size
39
Median Age
72%
College-Educated
97%
High-School Grad
4.2 sq mi
ZIP Area
6,647
Density / Sq Mi
$143,254
Median Household Income
$77,467
Median Earnings
$1,476
Median Rent
$479,000
Median Home Value

Market

Vacancy Rate% for Retail in Minneapolis, MN

5.8% 2019
6.4% 2020
5.7% 2021
4.9% 2022
4.2% 2023
3.7% 2024
4.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Relocated Walgreens along Lyndale Avenue near established retail, service, and institutional operators.
Where is this nnn property located?
The property is located at 5428 Lyndale Ave S Minneapolis, MN.
What are key features of this property?
This property features: Freestanding Walgreens with a long‑term NNN lease structure; Relocated store along Lyndale Avenue; Approximately a 12‑minute drive from MSP International Airport and downtown Minneapolis
More about this property
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