Willmar, MN

Assumable Financing Available

Asking Price


Cap Rate



Year Built



Investment-Grade Credit



Lease Type

Abs. NNN


Square Feet

14,490 SF


Lot Size

1.53 AC



10+ Years

For more details on this exclusive listing

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  • INVESTMENT-GRADE CREDIT | The lease is fully guaranteed by Walgreens Boots Alliance holding an investment-grade credit rating by all major rating agencies including a BBB rating with a stable outlook from Standard & Poor’s. Walgreens appeals to a wide array of net lease investors and qualifies for attractive financing options.
  • ESSENTIAL DRUGSTORE ASSET | Walgreens has remained open and operating throughout the pandemic. The tenant’s drugstore model allows this asset to remain insulated from e commerce and recession, as opposed to other net lease retailers.
  • ATTRACTIVE ASSUMABLE FINANCING | The property can be acquired with an assumable CMBS loan that features a low 4.42% interest rate with approximately 5.5+ years remaining, resulting in a 8.02% Cash on-Cash return in Year One.
  • ABSOLUTE NNN | The lease is Absolute NNN with Walgreens responsible for any and all expenses relating to the property. This is a 100% passive asset appealing to wide array of net lease buyers not interested in CapEx liability.
  • HARD CORNER W/ EXCELLENT ACCESS & VISIBILITY | The property is located at the intersection of Willmar Ave SE and 1st St South. These are the most prominent thoroughfares in Willmar and thus provide this location with a maximum daily traffic count for the area.
  • LIMITED COMPETITION | The nearest Walgreens is over 20 miles away, leaving the tenant no opportunity to consolidate with a nearby location.

Exclusively Listed By

Asher Wenig

Senior Vice President      847.571.3999

Eddie Harari

Investment Sales Analyst      646.845.8420

In Association With
Anne Perrault

MN Lic. #40564077


120 West 45th Street | Suite 2610

New York, NY  10036