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The Nlag Advantage
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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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Principal
Broker
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
Jamie Medress
Agent
Phone Number:
602.687.6778
jmedress@marcusmillichap.com
Mark Ruble
Agent
Phone Number:
602.687.6766
mruble@marcusmillichap.com
Chris Lind
Agent
Phone Number:
602.687.6780
chris.lind@marcusmillichap.com
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