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Wilen Real Estate

4279 Sheridan Avenue, Minneapolis, MN 55410

4279 Sheridan Avenue, Minneapolis, MN 55410

$2,100,000
Commercial Sale
N/A Beds
N/A Baths
N/A SQFT
1,965 Year Built
0.15 Acres
No Waterfront
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.

Listed by: Keller Williams Realty Integrity Lakes
TALK WITH AN AGENT & SCHEDULE A SHOWING

Mike Wilen
Licensed Real Estate Agent
612-400-9000
info@WilenRealEstate.com
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