398 WABASHA ST N

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398 WABASHA ST N

ST PAUL, MN 55101
Asking Price
$4.20M
Cap Rate
9%
Asset Type
Retail
Class
Class B

What's Special

Walgreens | 9% Cap | St. Paul, MN <p>• Walgreens is on a Corporate NNN lease with 6 years, 5 months remaining.</p><p>• Walgreens is a condo located on the first and second floor of Treasure Island Center in St. Paul, MN. Additional tenants include MN Wild Hockey Team practice rink, PWHL, TRIA Orthopedic, St. Paul Port Authority, Pillbox Tavern, and St. Paul Event Center.</p><p>• Dense 5-mile population of 377,595 and high average household income of $104,716.</p><p>• Located near I-94 where traffic counts average 141,085 vehicle

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NOI
$80,000
Cap Rate
1.90%
DSCR
0.32
Underwater
Cash-on-Cash
-13.45%
Monthly Payment
$20,798.549
Annual Cash Flow
$-169,582.589

Location & Travel Times