Brand New 15 Yr Absolute NNN Leased Walgreens 11401 N Marketplace Dr

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.