Property summary
The property is a Walgreens retail building in Saint Paul, Minnesota, comprising approximately 15,085 square feet and situated at a signalized intersection on Larpenteur Ave E and White Bear Ave. It is positioned for visibility along this corridor and is located within a commercial retail area with nearby national and regional tenants including Pizza Hut, O'Reilly Auto Parts, Little Caesars Pizza, White Castle, Dollar Tree, and Metro by T-Mobile. The building is operated under an existing corporate-guaranteed Walgreens lease structure with an expiration in January 2029 and includes ten 5-year renewal options. The lease is an absolute NNN (triple-net) arrangement, and the property is classified as an Investment NNN property.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Saint Paul market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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