3027 S Frontage Rd - Health Care FOR SALE


Moorhead, MN 56560
$3,595,000 USD
701-893-2826
3027 S Frontage Rd, Moorhead, MN for Sale
$3,595,000 USD
Health Care - FOR SALE
1/4
null | 7.9% Cap Rate

3027 S Frontage Rd
Moorhead, MN 56560


HIGHLIGHTS

  • Large pylon signage visible from Highway 10
  • Commercial kitchen with new appliances
  • Security cameras throughout the property
  • Medical dispensary
  • Multiple laundry rooms
  • Updated AC/heating units

OVERVIEW

100% Leased Investment Property This is a unique opportunity to purchase a single-tenant investment property in Moorhead, MN. Located along the heavily trafficked Highway 10, this former hotel property has numerous desirable neighbors including Target, Walmart, McDonald’s, and Starbucks. The building was built in 1998 and had upgrades as recently as 2022. The tenant, Anchorage Recovery, is a residential treatment program that provides integrated substance use and mental health services for adults whose lease expires in March 2029.

FOR SALE DETAILS

PRICE

$3,595,000 USD

PRICE/SF

$94 USD /SF

CAP RATE

7.9%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Anchorage Recovery Property

PROPERTY TYPE

Health Care

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

81

LAND DETAILS

LAND ACRES

1.69 AC

LAND SF

73,616 SF

ZONING

Regional Commercial

APN/PARCEL ID

58-140-0045

ASK ABOUT THIS PROPERTY

Paul CampbellGoldmark Commercial Real Estate, Inc.More Info
701-893-2826

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Paul CampbellGoldmark Commercial Real Estate, Inc.More Info
701-893-2826

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.