4279 SHERIDAN AVENUE

4279 Sheridan Avenue, Minneapolis, 55410, MN

DETAILS

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.

INTERIOR

  • 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:

EXTERIOR

  • Air Conditioning: Central Air,Zoned

  • Garage Spaces: N/A

  • Construction Materials: N/A

  • Foundation Size: 2200ft²

  • Unit Amenities:

  • Heating System:

    • Forced Air
    • Zoned

LOT

  • Acres: N/A

  • Lot Size Dim.: irregular rectangle

  • Longitude: 44.9248

  • Latitude: -93.3141

  • Zoning: Business/Commercial,Other

FINANCIAL & TAXES

  • Tax year: 2025

  • Tax annual amount: $56,989

MISCELLANEOUS

  • Fuel System: N/A

  • Sewer System: City Sewer/Connected

  • Water System: City Water/Connected

ADITIONAL INFORMATION

  • MLS#: NST7699290

  • Listing Brokerage: Keller Williams Integrity Realty Agency Icon

ID: 3485775
Published: February 11, 2025
Last Update: February 11, 2025
Views: 18