Minneapolis, MN 55410 4279 Sheridan Avenue S
$2,100,000
Presented By: Keller Williams Realty Integrity Lakes
SQFT • 4,400
Home Details
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.
Presented By: Keller Williams Realty Integrity Lakes
Interior Features for 4279 Sheridan Avenue S
Other Interior Features
BasementFull
Basement (Y/N)Yes
FuelElectric, Natural Gas
General for 4279 Sheridan Avenue S
AccessibilityDoors 36 +, Accessible Elevator Installed, Partially Wheelchair
Additional Parcels Y/NNo
CityMinneapolis
Construction MaterialsBrick/Stone
ContingencyNone
CoolingCentral Air, Zoned
CountyHennepin
Current UseCommercial, Office, Retail
DirectionsW 43rd Street to Sheridan Ave S
Garage Spaces
Gross Income120420
HeatingForced Air, Zoned
High School DistrictMinneapolis
Land Lease Y/NNo
Lender OwnedNo
Lot Size UnitsSquare Feet
Number Of Units Total1
PostalCityMinneapolis
Property TypeCommercial Sale
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameFirst Div Of Remington Park
Tax Annual Amount56989
Tax Year2025
Tenant PaysAll Utilities
UtilitiesElectric Separate, Heating Separate, Hot Water Separate
Year Built1965
Zoning DescriptionBusiness/Commercial, Other
Exterior for 4279 Sheridan Avenue S
Building Area Total4400
Foundation Area2200
InclusionsBuilding, Leases
Lot Dimensionsirregular rectangle
Lot FeaturesPublic Transit (w/in 6 blks)
Lot Size Area0.15
Parking FeaturesAsphalt, Guest Parking, Paved
Water SourceCity Water/Connected
Additional Details
Price History
John Wichmann
Agent