NNN Lease Structure | $145+ Billion Industry | ±15,497 GLA
$3,150,000
4700 Lexington Avenue North, Shoreview, MN 55126
7
Cap Rate
217,884
NOI
Details:
Description:
Matthews Real Estate Investment ServicesTM is pleased to present Northview Dental located in Shoreview, MN. The subject property is comprised of ±15,497 square feet, and is majority occupied by The Northview Dental on the top floor who is operating under a long term triple-net lease, along with Lower Level Suites on the lower level floor. The subject property is located on Lexington Ave in Shoreview, Minnesota which has direct access to Interstate 696 and Interstate 35W.
The subject property resides in a highly trafficked and populated area with many attractions and national retailers in the proximity. Retailers in proximity include Walgreens, Kowalski’s, Target, Cub, and Trader Joe’s. Approximately ±16,000 vehicles per day pass by the subject property on Lexington Ave, and another ±25,389 vehicles per day pass the subject property on Highway 96.
4700 Lexington Ave N offers an investor the opportunity to acquire a turnkey medical office building located in a dense and prominent area, occupied by highly reputable professionals with an outstanding history in the region.
Documents:
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Offering Memorandum
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Location
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