About 4279 Sheridan Avenue S
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.
Features of 4279 Sheridan Avenue S
| MLS® # | 6659848 |
|---|---|
| Price | $2,100,000 |
| Bathrooms | 0.00 |
| Acres | 0.15 |
| Year Built | 1965 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 4279 Sheridan Avenue S |
|---|---|
| Area | Linden Hills |
| Subdivision | First Div Of Remington Park |
| City | Minneapolis |
| County | Hennepin |
| State | MN |
| Zip Code | 55410 |
Amenities
| Garages | Asphalt, Guest Parking, Paved |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air, Zoned |
|---|---|
| Cooling | Central Air, Zoned |
| Fireplace | No |
Exterior
| Lot Description | Public Transit (w/in 6 blks) |
|---|---|
| Construction | Brick/Stone |
School Information
| District | Minneapolis |
|---|
Additional Information
| Days on Market | 98 |
|---|---|
| Zoning | Business/Commercial,Other |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | Keller Williams Realty Integrity Lakes |
|---|