3550 Lexington Ave N - Medical FOR SALE
Shoreview, MN 55126 |
$2,261,900 USD
612-987-1429
3550 Lexington Ave N
Shoreview, MN 55126
OVERVIEW
¦ Brand new elevator (whole replacement) 2021
¦ 90% of all heat pumps new
¦ Roof repaired 2020
¦ Resurfaced parking lot 2021
¦ Updated lobby 2021
¦ Gross leases: Opportunity To Change to NNN
¦ Longevity of tenants
| New Side Walk;Retaining Wall
¦ Great Stable Cash Flow with a mix of long and short term leases.
Opportunity to raise rents; remodel suites.
FOR SALE DETAILS
PRICE
$2,261,900 USD
PRICE/SF
$80 USD /SF
CAP RATE
8%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
-
STORIES
3
BUILDING CLASS
B
YEAR BUILT
1979
SPRINKLERS
-
PARKING SPACES
130
LAND DETAILS
LAND ACRES
2.19 AC
LAND SF
95,396 SF
ZONING
Office
APN/PARCEL ID
35-30-23-22-0003
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612-987-1429
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612-987-1429
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