Jim M Waters - Commercial Real Estate Showcase

Jim M Waters Property Listings
Quest Development
10700 Old County Highway 15
Suite 285
Plymouth, MN 55441

4001 Stinson Boulevard NE - Silver Lake Plaza - Silver Lake Plaza

St Anthony, MN 55421 - Suburban St Paul Submarket

(783.3 KB)

Property Type:Office Sub Type:Medical Status:Existing Year Built:1966
Stories:4 Typical Floor:14,612 SF Building Size:58,448 SF
For Sale Price:For Sale Price/SF:-
Cap Rate:-
Parking:Free Surface spaces are available; Ratio of 4/1,000 SF Amenities:Security System

Silver Lake Plaza is a centrally located Medical Office building in the Twin Cities market. Recently renovated from top to bottom this Medical Office asset is in pristine condition with all updates completed within the last five years. Offered at $72 per suare foor, the building would be valued at twice that for replacement cost. This property has been a well recognized medical office fixture for over 40 years. Recent exterior improvements include: Parking surface, landscaping, curbing, new pole lights, sidewalks, building facade, font entry and doors, rooftop cooling tower, and air supply ductwork. On the inside the lobby was completely remodeled, new signage, furnishings, bathroom remodel, fire and security systems, and updated common areas were all completed. Also, all major components of the HVAC system including a modular boiler system, all circulating pumps, and other related equipment have been upgraded. Located adjacent to the recently-redeveloped award-winning Sliver Lake Village which features multiple retail establishments anchored by a Wal-Mart and a Cub Foods, as well as newer condominium, townhouse, and apartment complexes.

This property is currently being resized according to the property manager.

Sale Notes:
Price is negotiable

Quest Development
Jim M Waters
(763) 595-9511 x2

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