Walgreens

1665 White Bear Avenue, Saint Paul, MN 55106

  • For Sale $5,485,714
  • Property Type Retail - Freestanding
  • Property Size 15,085 SF
  • Date Updated Apr 1, 2024
Saint Paul (often abbreviated St. Paul) is the capital of the U.S. state of Minnesota and the county seat of Ramsey County. Situated on high bluffs overlooking a bend in the Mississippi River, Saint Paul is a regional business hub and the center of Minnesota's government. The Minnesota State Capitol and the state government offices all sit on a hill close to the city's downtown district. One of the oldest cities in Minnesota, Saint Paul has several historic neighborhoods and landmarks, such as the Summit Avenue Neighborhood, the James J. Hill House, and the Cathedral of Saint Paul. Like the adjacent city of Minneapolis, Saint Paul is known for its cold, snowy winters and humid summers. According to census estimates, in 2021 the city's population was 307,193, making it the 67th-most populous city in the United States, the 12th-most populous in the Midwest, and the second-most populous in Minnesota. Most of the city lies east of the Mississippi River near its confluence with the Minnesota River. Minneapolis is mostly across the Mississippi River to the west. Together, they are known as the "Twin Cities" and make up the core of the Minneapolis–Saint Paul metropolitan area, the third most populous metropolitan area in the Midwest.The Kase Group is pleased to present the opportunity to purchase a well established Walgreens location in St Paul, Minnesota. The lease is corporately guaranteed by Walgreens and expires in January 2029 with ten, 5-year renewal options. This Walgreens is located at the signalized intersection of Larpenteur Ave E and White Bear Ave with exposure to 20,183 vehicles per day from nearby roads. Neighboring retailers include Pizza Hut, O'Reilly Auto Parts, Little Caesars Pizza, White Castle, Dollar Tree, Metro by T-Mobile and more.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Absolute NNN Lease
  • Corporate Guarantee - NASDAQ:WBA
  • S&P Rated BBB Investment Grade Credit
  • $2,400,000.00 in Reported Sales
  • Located at Signalized Intersection
  • Exposure to 20,183 VPD
  • Neighboring retailers include Pizza Hut, O'Reilly Auto Parts, Little Caesars Pizza, White Castle, Dollar Tree, Metro by T-Mobile and more

Contacts

broker

Kase Abusharkh

The Kase Group

(925) 348-1844

Location

Getting Around

  • Walk Score ®

    78/100 Very Walkable
  • Bike Score ®

    56/100 Bikeable
Powered by Walk Score ®
  • City Saint Paul, MN
  • Neighborhood Greater East Side St. Paul
  • Zip Code 55106
  • Market Minneapolis St Paul

Points of Interest

  • Union Depot

    4.22 miles

  • Saint Paul Union Depot

    4.23 miles

  • Robert Street

    4.36 miles

  • 10th Street

    4.51 miles

  • Central Station

    4.51 miles

  • Capitol/Rice Street

    4.60 miles

  • Western Avenue

    5.07 miles

  • Dale Street

    5.51 miles

  • Victoria Street

    5.96 miles

  • Lexington Parkway

    6.41 miles

  • Speedway

    0.19 miles

  • ARCO

    1.55 miles

  • Holiday

    1.70 miles

  • Speedway

    1.92 miles

  • Holiday

    2.03 miles

  • Holiday

    2.22 miles

  • Holiday

    2.32 miles

  • Superamerica

    2.57 miles

  • Freedom

    2.65 miles

  • ChargePoint

    2.65 miles

  • BCA Loading Dock

    1.19 miles

  • BCA Evidence Intake - Police Parking Only

    1.24 miles

  • BCA Employee Permit Parking Only

    1.24 miles

  • BCA Training and Education Parking Only

    1.26 miles

  • Parking Lot

    1.47 miles

  • Handicap Parking

    1.88 miles

  • Gateway Trail Parking

    1.91 miles

  • Gustavus Adolphus Lutheran Church

    1.99 miles

  • Hmong Alliance Church

    2.27 miles

  • Highway 61 & County Road C Park & Ride

    2.36 miles

  • Ifoods Deli

    0.31 miles

  • McDonald's

    1.28 miles

  • Dairy Queen

    1.31 miles

  • Chipotle

    1.33 miles

  • McDonald's

    1.33 miles

  • Taste of India Restaurant

    1.36 miles

  • Hmong Village

    1.66 miles

  • Burger King

    1.67 miles

  • Subway

    1.92 miles

  • Asian Street Food

    2.05 miles

  • ALDI

    1.35 miles

  • Cub Foods

    1.39 miles

  • Cub Foods

    1.65 miles

  • Hy-Vee

    1.75 miles

  • Golden Harvest Food

    2.05 miles

  • Original Karen Market

    2.08 miles

  • Hoa Mei Market

    2.12 miles

  • 52 Market & Trading

    2.41 miles

  • Bingo Oriental Market

    2.46 miles

  • Sun World

    2.49 miles

Frequently Asked Questions

What is the lease rate for Walgreens?

Rental asking rate at Walgreens is $2,742,857.00/YR.

What is the total square footage of Walgreens?

Walgreens totals 15,085 square feet.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Kase Abusharkh

The Kase Group

(925) 348-1844