Active
4279 Sheridan Avenue S
Minneapolis MN, 55410
$2,100,000
$477.27 per sqft
Active
4,400 sqft
Commercial
Built in 1965
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.
6659848
MLSⓇ ID
February 11, 2025
Listed
February 12, 2025
Updated
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Zoned
Heating
Yes
Heating Description
Forced Air, Zoned
Exterior/Building Features
Lot Size
0 Acres
Lot Features
Public Transit (w/in 6 blks)
Sewer
City Sewer/Connected
School Information
School District
Minneapolis
Other Property Details
Taxes
$56,989
Tax Frequency
Annually
Accessibility
Doors 36, Accessible Elevator Installed, Partially Wheelchair
Garage
No
Parking
Asphalt, Guest Parking, Paved
View
No
County
Hennepin
Water Source
City Water/Connected
Pool
No
Utilities
Electric Separate, Heating Separate, Hot Water Separate
Courtesy of Keller Williams Realty Integrity Lakes
If a listing is in Coming Soon status, it is not currently available for showings but will be soon. Open House information is subject to change without warning. This home sale information is not an appraisal, competitive or comparative market analysis, CMA, or home evaluation. Information Deemed Reliable But Not Guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Roost Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2025 Northstar MLS. All rights reserved.
Data last updated 5:48 PM UTC, 2/12/2025
