Medical Office Building with
For Sale
Contact for pricing
100 2nd St S, Sartell, MN 56377
Commercial building offers main and lower levels with elevator access, provider sinks, and on-site parking for visitors and staff.
Property Size12,408 SF
Lot Size0.92 Acres
Price / SF$128.87
Days on Market258
Property Features for 100 2nd St S
General Information
Standard status
Active
Size
12,408 SF
Total Parking Spaces
45
Lot size
0.92 Acres
Property subtype
OFFICE
Zoning
B2
Additional Details
Business Included
No
Amenities
sinks in individual provider rooms
large conference room
on-site washer and dryer
backup generator
elevator access
high ceilings and abundant natural light
Building Details
Year Built
2001
Stories
2
Listing Agency:
SVN GC Real Estate
(320) 253-0003
Listed By:
Kate Hanson
(320) 420-6485
Source:
Moodyscre
Added: Dec 29, 2025
Changed: Sep 12
Last Checked: Sep 12 at 4:14AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN GC Real Estate
Investment Insights
Based on property information with market context.
This B2–General Business zoned property includes a 12,408-square-foot building constructed in 2001 on approximately 0.92 acres. The layout features 6,204 square feet on the main level with additional space on the lower level, providing functional flexibility for a range of commercial uses. Interior highlights include sinks in individual provider rooms, a large conference room designed for 20+ people, and high ceilings with abundant natural light throughout the main level. Operational features include an on-site washer and dryer, and a backup generator serving the building for enhanced reliability. Elevator access connects the levels.
The property is situated along a well-traveled Sartell corridor with convenient access and strong visibility, near surrounding commercial nodes, residential neighborhoods, and key area roadways. The site includes 45 on-site parking stalls for staff and visitors.
The offering consists of three parcels, supporting ownership flexibility and long-term planning.
The property is situated along a well-traveled Sartell corridor with convenient access and strong visibility, near surrounding commercial nodes, residential neighborhoods, and key area roadways. The site includes 45 on-site parking stalls for staff and visitors.
The offering consists of three parcels, supporting ownership flexibility and long-term planning.
Key Highlights
- B2 general business commercial property on approx. 0.92 acres (40,060 SF) with a 12,408 SF building built in 2001
- 12,408 SF layout includes 6,204 SF on the main level plus additional lower‑level space with elevator access between levels
- Includes sinks in individual provider rooms for medical, clinical, wellness, or professional office configurations
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$143,056
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.95%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,861,120
$2.9M
Cap Rate 7%
$2,043,657
$2.0M
Cap Rate 9%
$1,589,511
$1.6M
Market Conditions
NOI Build-Up for 12,408 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$199.5K $16.08/SF
− Vacancy
−$8.8K −$0.71/SF
EGI
$190.7K $15.37/SF
− OpEx
−$47.7K −$3.84/SF
NOI
$143.1K $11.53/SF
Area
Stearns County, MN
Vacancy
4.40%
Lease Rate
$16.08 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,861,120
Cap Rate 7%
$2,043,657
Cap Rate 9%
$1,589,511
Alternative Uses
Best Use
Office B
$2.04M
$1.79M – $2.38M
NOI $143,056 @ 7.0% cap · market cap 8.95%
Second Best
Healthcare Medical
$1.97M
$1.72M – $2.29M
NOI $137,557 @ 7.0% cap · market cap 8.60%
Theoretical Best
Office A
$2.72M
$2.38M – $3.17M
NOI $190,172 @ 7.0% cap · market cap 11.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
217
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 56377, MN
21,013
Population
8,239
Households
2.6
Avg Household Size
36
Median Age
40%
College-Educated
95%
High-School Grad
22.4 sq mi
ZIP Area
938
Density / Sq Mi
$82,583
Median Household Income
$49,436
Median Earnings
$1,196
Median Rent
$282,800
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Commercial building offers main and lower levels with elevator access, provider sinks, and on-site parking for visitors and staff.
Where is this medical office space located?
The property is located at 100 2nd St S Sartell, MN.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: B2 general business commercial property on approx. 0.92 acres (40,060 SF) with a 12,408 SF building built in 2001; 12,408 SF layout includes 6,204 SF on the main level plus additional lower‑level space with elevator access between levels; Includes sinks in individual provider rooms for medical, clinical, wellness, or professional office configurations
