4279 Sheridan Avenue S Minneapolis, MN 55410
Other
MLS #: 6659848
Courtesy Of Integrity Holdings Real Estate LLC
Property InformationDescription
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.
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.
Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Cooling System: Zoned A/C
- Heating System: Zoned
- Heating System: Forced Air
- Legal Description: BLOCK 005 FIRST DIVISION OF REMINGTON PARK THAT PART OF LOT 23 LYING NLY AND WLY OF A LINE DESC AS BEG AT SW COR OF LOT 23 TH ELY ALONG SLY LINE THOF 60 FT TH ELY TO A PT ON A LINE DRAWN PAR TO AND 42 FT WLY OF ELY LINE OF LOT 23 WHICH PT IS 7 FT NLY ALONG SAID PAR LINE FROM SLY LINE THOF TH NLY ALONG SAID PAR LINE TO NLY LINE OF LOT 23 ALSO THAT PART OF W 60 FT OF LOT 22 WHICH LIES NLY OF A LINE DRAWN FROM A PT ON W LINE OF LOT 22 DIST 48.35 FT NLY FROM SW COR THOF TO A PT ON E LINE OF W 60 FT OF LOT 22 DIST 48.27 FT NLY FROM SE COR OF SAID W 60 FT OF LOT 22
- MLSID: 6659848
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