Minneapolis, MN 55404

CVS

Property Address

949 Portland Avenue, Minneapolis, MN, USA

Offering Summary

  • Price: $5,385,000
  • Lot Size: .2877 Acres
  • Year Built: 2006
  • Building SF: 12,534
  • Status: CLOSED
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  • Absolute Triple-Net (NNN) Lease with CVS Pharmacy, Inc.
  • 16.5 Years Remaining on Lease Term
  • Rare Location in Minneapolis' Core Downtown – 478,590+ Residents in Growing Trade Area
  • Situated on the First Floor of Skyscape Condominiums (252 Units)
  • Hard Corner Location at the Intersection of Portland Avenue & S 10th Street
  • Average Household Income Exceeds $81K in 5-Mile Radius
  • Walking Distance to U.S. Bank Stadium – Home of Super Bowl LII with 1.6 Million Visitors Annually
  • Across from Hennepin County Medical Center (455 Beds)
  • Surrounded by Apartments and Condominiums – 206,350+ Households in Trade Area
  • Minutes from University of Minnesota (47,500 Enrolled)
  • Directly Off Interstate 94 – 143,000 Cars per Day

Broker Information