Joe Sorenson Realty
Elizabeth M Amiot, Joe Sorenson RealtyPhone: (612) 718-8754
Email: [email protected]
Real estate listing preview #1
listing
1 of 1
CommercialFor Sale
$2,100,000
4279 Sheridan Avenue S
Minneapolis, MN 55410
Listing Office: Keller Williams Realty Integrity Lakes
MLS: Northstar MLS
Est. Mortgage
$10,940/mo

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.

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