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Listed price in listed location currency (USD).
$2,100,000

000

MLS® 6659848

  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $56,989
Days Active 307
Approx. Age 1965
MLS® Number 6659848

Property Address: 4279 Sheridan Ave S, Minneapolis, MN, 55410-1618

Average square foot calculated using Size range provided by listing agent.

Description

This is a medical-office, single tenant, triple-net lease property - in Linden Hills. Tenant is a dermatology group with 7 metro locations. Tenant pays all expenses. Tenant also pays 4% management fee - $7, 500 in 2024. Newly renovated. Award-winning build-out design by Mohagen Hansen Architects. Completed 2022. Lease term remaining is 6-years, plus 5-year extension option. 2% annual rent increase. Tenant is vested - paid $950, 000 on total $1.2 million bid-out. Ideal real estate investment in Linden Hills. Net income without operating headaches.
MLS® Number6659848
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1965
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building, Leases

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 11, 2025List Date
$2,100,000List Price
  • Commute

Commute

Starting Address
Destination Address
4279 Sheridan Ave S, Minneapolis, MN

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