8350 Hansen Ave - Medical FOR SALE


Shakopee, MN 55379- Scott Far Western Suburbs
$2,806,000 USD
415-481-0788
8350 Hansen Ave, Shakopee, MN for Sale
$2,806,000 USD
Medical - FOR SALE
1/5
null | 6.35% Cap Rate

8350 Hansen Ave
Shakopee, MN 55379
Scott Far Western Suburbs


HIGHLIGHTS

  • Long 10-year primary lease term with four five-year options provides income stability
  • Heartland Dental manages most property expenses, with minimal obligations for the landlord, ensuring a largely passive income stream
  • Heartland Dental, supported by KKR, the largest dental support organization in the U.S., with 1,800+ practices
  • More than 1,800 supported dental offices in 38 states

OVERVIEW

Located in Shakopee’s retail hub on Hansen Avenue, the 4,262-SF building benefits from robust regional demand for healthcare services. This modern dental office was constructed to meet Heartland Dental’s specific operational needs, ensuring efficient use of space and long-term tenant satisfaction in a well-maintained facility. Heartland Dental’s affiliation with KKR provides solid creditworthiness, supporting secure returns. Lease features scheduled 10% rent increases every five years, enhancing long-term income. Positioned near U.S. Highway 169, with traffic counts exceeding 66,000 AADT, providing high visibility. Located near other major retail and service providers, the property attracts consistent footfall year-round.

FOR SALE DETAILS

PRICE

$2,806,000 USD

PRICE/SF

$659 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Heartland Dental

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Office Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

42

LAND DETAILS

LAND ACRES

1.32 AC

LAND SF

57,308 SF

ZONING

-

APN/PARCEL ID

27-431-001-0

ASK ABOUT THIS PROPERTY

Michael YurasCushman & WakefieldMore Info
415-481-0788

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Michael YurasCushman & WakefieldMore Info
415-481-0788

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