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915 Wildwood Rd, White Bear Lake, MN 500 Maxey Rd, Houston, TX 6189 NY-31, Cicero, NY
Walgreens 3-Pack Portfolio
Asset ClassRetail
Cap Rate10.5%
# Buildings: 3Deal Size: $10.13 MAccess Data Room
Walgreens 3-Pack Portfolio | $10,125,000 Reflecting a 10.5% Cap Rate | Offers Due 5/28/2026
overview of deal

Overview

Marcus & Millichap is pleased to present a rare portfolio opportunity featuring three premium Walgreens locations across Minnesota, Texas, and New York.

 

The portfolio includes locations in White Bear Lake, Minnesota (#2769), Houston, Texas (#7289), and Cicero, New York (#10750), totaling approximately 43,250 square feet across 5.1 acres. Each property features Absolute NNN lease structures with long-term tenant commitments and multiple renewal options.

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Investment Highlights

  • Three premium Walgreens locations across Minnesota, Texas, and New York
  • Absolute NNN lease structure across all properties
  • Walgreens operates 8,700+ stores across 50 states with 125+ years in business
  • Estimated $115B in 2026 annual U.S. revenue
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915 Wildwood RdWhite Bear Lake, MN 55115
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