4279 Sheridan Avenue, Minneapolis, 55410, MN
Price: $2,100,000
Status type: For Sale
City: Minneapolis
Neighborhood: Linden Hills
Bedrooms: 0
Property Size :0
Listing Agent: NST11236,NST94346
Property type : Commercial Sale
Zip code: 55410
Street: 4279 Sheridan Avenue
Street: 4279 Sheridan Avenue
Bathrooms: N/A
Year: 1965
Listing Brokerage: Keller Williams Integrity Realty
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.
Bedrooms: N/A
Fin ft² / Living Area: N/A
Below Ground Living: N/A
Bathrooms: N/A
Above Ground Living: N/A
Basement Details: Full,
Appliances Included:
Air Conditioning: Central Air,Zoned
Garage Spaces: N/A
Construction Materials: N/A
Foundation Size: 2200ft²
Unit Amenities:
Heating System:
Acres: N/A
Lot Size Dim.: irregular rectangle
Longitude: 44.9248
Latitude: -93.3141
Zoning: Business/Commercial,Other
Tax year: 2025
Tax annual amount: $56,989
Fuel System: N/A
Sewer System: City Sewer/Connected
Water System: City Water/Connected
MLS#: NST7699290
Listing Brokerage: Keller Williams Integrity Realty