Walgreens

Hugging the twists and turns of the Mississippi River, Champlin offers a tranquil suburban lifestyle with a highly-ranked school district and a robust park system nearby. Only 20 miles northwest of Minneapolis, the area is popular with professionals attracted by an easy commute downtown and families looking for outdoor amenities and solid schools. Aside from the notable school district and commuter convenience, Champlin offers a strong sense of community upheld through local shops like Lilac Boutique, family-owned businesses like Elm Creek Brewing and annual events like the Summer Stage Series. And with immediate access to Jefferson Highway, commuting to the Twin Cities is only a 25-minute drive from this riverfront suburbia.The Kase Group is excited to present a prime investment opportunity with a well-established Walgreens location in Champlin, Minnesota. This property features a new 15-year absolute NNN lease with zero landlord obligations, backed by a corporate guarantee from Walgreens. Key highlights of the lease include 5% rent increases every five years and twelve 5-year renewal options. The building is strategically located at a signalized intersection, providing excellent visibility and exposure to over 49,874 vehicles daily combined. The site is within close proximity to Allina Health Urgent Care and is surrounded by popular tenants such as Aldi, Target, Goodwill, Starbucks, Chipotle, Cub Foods, Culver's and more.