5440-5452 Lyndale Ave, Minneapolis, MN 55419

4,743 SF | Office Building | Minneapolis, MN 55419 | $3,700,000 ($780/SF) | 6.50% Cap Rate

Asking Price $3,700,000

Property Type: Office
Square Feet: 4,743 SF
Price / Square Foot: $780

Listing Contacts

Mark Davis

Verified Profile

Jill Rasmussen

Verified Profile

Property Info

Property Overview

5450 Lyndale is a 4,743 SF freestanding building located at 5450 Lyndale Ave S, Minneapolis, MN. With Herself Health as the anchor tenant, the building is 100% leased with a new 15-year lease.

Property Details

Class: B
Year Built: 2016
Stories: 1
Property Subtype: Medical
Lot Size (sq. ft): 17,424 SF

Highlights

100% leased with specialty medical tenancy
Newly signed 15 year lease with annual increase
Excellent exchange opportunity
2 miles from Southdale Hospital (Owned by M Health Fairview)
Only 4 blocks from HWY 62 and I-35W (Combined daily traffic of 230,000)
Surrounded by retail shops, apartments, and restaurants in Southern Minneapolis. Including South Lyndale liquors, Starbucks, and Kowalski's Market

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