1. Minnesota
  2. Minneapolis
  3. 4279 Sheridan Avenue S
$2,100,000

4279 Sheridan Avenue S, Minneapolis, MN 55410

  • 4,400 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1965
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $477/sqft
  • Property List Date Icon Listed 3 months ago

Property 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.

Listing Status:
Active
Listing Office:
Keller Williams Realty Integrity Lakes : 612-821-7400
MLS ID:
6659848
  • Basement: Full
  • A/C: Central AirZoned
  • Heating: Forced AirZoned

This listing courtesy of Keller Williams Realty Integrity Lakes

Location

Schools Nearby

M

Mps Metro C

3012 W 44th St, Minneapolis, MN, 55410

Grades KG-12

0.21 miles away

M

Mps Metro C

3012 W 44th St, Minneapolis, MN, 55410

Grades KG-12

0.21 miles away

M

Mps Metro C

3012 W 44th St, Minneapolis, MN, 55410

Grades KG-12

0.21 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.