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Walgreens

$5,461,540

326 West Lincoln Avenue, Fergus Falls, MN 56537

Active
Last Updated: 04/10/2025

6.5

Cap Rate

355,000

NOI

Details:
Cap Rate:    6.5%
NOI:    $355,000
Building Size:    14,820 sqft
Lot Area:    1.16 acres
Occupancy:    100%
Lease Type:    Triple Net
Year Built:    2008
Tenancy:    Single
Lease Expire Year:    01/01/2034
Description:

This Walgreens is located in Fergus Falls, Minnesota, a county seat of Otter Tail County. Fergus Falls is located approximately 177 miles northwest of the Twin Cities on I-94 and 60 miles southeast of Fargo, North Dakota. Traffic counts on I-94 average 17,900 vehicles per day, while W Lincoln Ave averages 13,394 vehicles per day. The population within a 5-mile radius is 16,176 and the average household income is $81,834. Other major retailers in the area include The Home Depot, Fleet Farm, Walmart, Slumberland Furniture, ALDI, Scooter’s, and more. Fergus Falls is also home to the Minnesota State Community and Technical College and enrolls approximately 6,400 students each year.

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Walgreens_-_Fergus_Falls__MN_MP.pdf
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