Absolute NNN CVS Pharmacy - Maplewood, MN

Highlights:

• Absolute NNN Lease with Zero Landlord Responsibilities
• Signalized Hard Corner Location
• Across the Street from a Medical Clinic
• Dense Residential and Retail Area
• Major Hub for City/County Government Properties
• Minute Clinic, HealthHub and Drive-Through Location
• Full 3-Year Rent Credit at Closing to Fully Cover Landlord During 3-Year Rent Holiday

Description:

The CVS located at 2196 White Bear Avenue in Maplewood, MN features an absolute NNN lease structure that offers investors a completely "hands off" investment vehicle with an investment grade tenant rated Baa2 by Moody's. Located in a dense residential and retail area, this site has excellent real estate fundamentals. All of the major retailers are within a mile of this site such as; Target, Home Depot, Hy-vee, Menards, Cub Foods, McDonalds and many more. In addition, there is a medical clinic right across the street providing a great built-in referral source for their pharmacy business.

This is an exceptional high yield investment opportunity in a great submarket in Minnesota. The Minneapolis-St. Paul MSA is ranked in the top 10 MSA's nationally over the last year for net natural increase in population (mn.gov.deed). In addition, the Minneapolis-St. Paul MSA also ranks in the top 10 out of all the MSA's across the country in per capita GDP (mn.gov.deed). Minnesota is a great place for people to live and invest in real estate and this is an excellent opportunity to achieve above average returns on your money with less credit risk than you will find elsewhere in the net lease landscape.

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