4490 Erin Drive: Single-Tenant Investment

Description:

An attractive opportunity to acquire a freestanding, single-tenant, net-leased medical office property located at 4490 Erin Drive in Eagan, Minnesota. The approximately 6,000-square foot property is occupied by Synapse Center for Health and Healing, a well-established functional medicine and chiropractic practice with a long-term operating history.

Synapse has demonstrated its commitment to the location by executing an early lease renewal extending the current lease through July 31, 2033. The net lease structure provides an investor with a long-term income stream
while placing the property within an established medical-use tenancy. Association dues and reserves cover exterior and common area maintenance. Tenant is responsible for its interior maintenance including but not limited to HVAC, plumbing, electrical and utilities.

The property is part of a five-building office condominium association, offering the benefits of a professionally established office environment while maintaining the appeal of a freestanding, single-tenant building. 

With its location in an established commercial and employment center, strong regional accessibility and proximity to everyday amenities, 4490 Erin Drive offers investors a long-term leased medical office investment in a well-connected Twin Cities market. This site is close to retail, restaurants, hotels, and major highways including Cedar Ave/Hwy 77, I-35E and Hwy 13.





7.84% Cap Rate
Strong NOI
Single-Tenant Investment Sale

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