Medical Offices /MN /Hennepin County /Minneapolis /5200 Douglas Dr N
Medical Offices /MN /Hennepin County /Minneapolis /5200 Douglas Dr N

5200 Douglas Dr N - Medical FOR SALE


Minneapolis, MN 55429 | 
$4,195,000 USD
612-341-3247
5200 Douglas Dr N, Minneapolis, MN for Sale
$4,195,000 USD
Medical - FOR SALE
1/13
null | 8.39% Cap Rate
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5200 Douglas Dr N
Minneapolis, MN 55429

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HIGHLIGHTS

  • 100% leased with specialty medical tenancy
  • NNN lease in place with approximately 12.5 years of lease term remaining and annual rent increases
  • Excellent exchange opportunity

FOR SALE DETAILS

PRICE

$4,195,000 USD

PRICE/SF

$646 USD /SF

CAP RATE

8.39%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

27,007 SF

ZONING

C

APN/PARCEL ID

09-118-21-22-0052

ASK ABOUT THIS PROPERTY

Jill RasmussenDavisMore Info
612-341-3247

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Jill RasmussenDavisMore Info
612-341-3247

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

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