Medical Office with Surgery
1455 Montreal Street SE, Hutchinson, MN 55350
For Sale
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An ophthalmology clinic and dedicated ambulatory surgery center operate within a single medical facility under a master lease.
Property Size14,588 SF
Lot Size2.68 Acres
Price / SF$383.88
Days on Market42
Property Features for 1455 Montreal Street SE
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Tenancy & Operations
Currently Operating
Tenant in Place
Additional Details
Property Use
Medical Specialty
Building Details
Buildings
Building Size
Tenancy
Owner Occupied
Listing Agency:
JDS Real Estate Services, Inc.
Listed By:
Jennifer Stein · License MN #01507135
(213) 446-5366
Source:
Crexi
Added: Sep 29
Changed: Nov 8
Last Checked: Nov 8 at 4:16PM
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 JDS Real Estate Services, Inc.
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This 14,588-square-foot medical property occupies approximately 2.68 acres in Hutchinson, Minnesota. Its clinical layout includes 12 exam rooms and three physician offices, alongside a dedicated ambulatory surgery center focused on ophthalmic procedures. Southwest Eye Care, Regional Eye Surgical Center, and Minnesota Retina are based at the facility, bringing ophthalmology, surgery, and retinal care together on site. The surgery center is accredited by the Minnesota Department of Health.
The property is approximately 60 miles west of Minneapolis and serves a regional eye-care role in central Minnesota. Southwest Eye Care has five providers: three ophthalmologists and two optometrists. The practice offers cataract surgery, glaucoma treatment, retinal care, diabetic eye disease management, refractive services, and general ophthalmology, with affiliations at Hutchinson Health Hospital, Glencoe Regional Health Services, and Ridgeview Medical Center.
The facility is subject to a master lease with UVP Management, LLC, which the purchaser will assume at closing. Lease terms include a triple-net structure, 3.00% annual rental increases, and two five-year renewal options.
The property is approximately 60 miles west of Minneapolis and serves a regional eye-care role in central Minnesota. Southwest Eye Care has five providers: three ophthalmologists and two optometrists. The practice offers cataract surgery, glaucoma treatment, retinal care, diabetic eye disease management, refractive services, and general ophthalmology, with affiliations at Hutchinson Health Hospital, Glencoe Regional Health Services, and Ridgeview Medical Center.
The facility is subject to a master lease with UVP Management, LLC, which the purchaser will assume at closing. Lease terms include a triple-net structure, 3.00% annual rental increases, and two five-year renewal options.
Key Highlights
- 14,588‑square‑foot medical facility on approximately 2.68 acres
- 12 exam rooms, three physician offices, and a dedicated ophthalmic ambulatory surgery center
- Minnesota Department of Health‑accredited surgery center focused on ophthalmic procedures
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Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
14
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 55350, MN
18,669
Population
8,276
Households
2.3
Avg Household Size
42
Median Age
26%
College-Educated
96%
High-School Grad
159.9 sq mi
ZIP Area
117
Density / Sq Mi
$78,663
Median Household Income
$46,775
Median Earnings
$934
Median Rent
$238,600
Median Home Value
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Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Medical Office Space - An ophthalmology clinic and dedicated ambulatory surgery center operate within a single medical facility under a master lease.
Where is this medical office space located?
The property is located at 1455 Montreal Street SE Hutchinson, MN.
What is the asking price?
The asking price for this property is $5,600,000.
What are key features of this property?
This property features: 14,588‑square‑foot medical facility on approximately 2.68 acres; 12 exam rooms, three physician offices, and a dedicated ophthalmic ambulatory surgery center; Minnesota Department of Health‑accredited surgery center focused on ophthalmic procedures
