Retail•Free Standing•For Sale

Walgreens Anoka A 1031 DST Investment

1911 South Ferry Street, Anoka, Minnesota 55303

Sale Price $2,973,402
Sale Type Investment
Sale Condition NNN Investment
Zoning 3-A Commercial
Tenant Yes
Bldg Type Single-Tenant
Class B
Status Existing
Year Built 1994
Stories 1
Cap Rate 6.80%
Gross Bldg 13,450 SqFt
Land Area 1.71 Acres
Avail Parking 4/1000SqFt
Market Minneapolis/St. Paul
Sub-Market Anoka County Outlying
Parcel# 01-31-25-44-0113
A 1031 | DST Investment Opportunity suitable for multiple 1031 Exchange Investors. Minimum Investment: $100,000 Anticipated Loan to Value: 80% Purchase CAP Rate: 6.80% Anticipated First Year Cash on Cash: 7.00% Anticipated Investment Hold Period: 7 years. The property is located on the intersection of Main Street & Ferry Street (Highway 169) adjacent to downtown Anoka. Situated on a signalized corner, the property experiences approximately 59,000 vehicles per day.

1 Spaces

Standard Retail
1
1
10/30/2019
The property is located on the intersection of Main Street & Ferry Street (Highway 169) adjacent to downtown Anoka. Situated on a signalized corner, the property experiences approximately 59,000 vehicles per day.
10/30/2019 12:00:00 AM 10/30/2019 6:55:05 PM
Garrett Farmer
Director
NAI Legacy
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