3465 Northdale Blvd, Coon Rapids, MN 55448
5,820 SF | Office Building | Coon Rapids, MN 55448 | $2,183,000 ($375/SF) | 6.35% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $2,183,000
- Property Type
-
Office
- Square Feet
- 5,820 SF
- Price / Square Foot
- $375
Listing Contacts
Michael Stoffel
Verified Profile
Jacob Friedman
Verified Profile
Kurt Sauer
Verified Profile
- Property Info
Property Overview
Broker of Record
Kurt Sauer
License No. 40841922 (MN)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Kurt Sauer
License No. 40841922 (MN)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Property Details
- Class
- C
- Year Built
- 2007
- Stories
- 1
- Property Subtype
- Medical
Highlights
- Fresenius Medical Care is the Largest Provider of renal care in both the United States and across the world
- The 5-mile population surrounding the property contains over 172,000 people, a number that has grown by over 8% since 2010.
- $126,185 average household income within 5 miles of the property.
- Fresenius Medical Care is the largest operator of outpatient dialysis clinics
- Located just off Highway 10 (±73,000 VPD) and Round Lake Blvd (32,000 VPD).
- The rent increases by 2.0% annually, providing investors with a hedge against inflation through increases in rent over the life of the lease.
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