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Medical Office Suite with Procedure Rooms
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1575 20th Street NW, Faribault, MN 55021

A configured clinical suite includes reception, treatment rooms, a lab, storage, and a private restroom.

Space Size2,534 SF
Property Size57,751 SF
Days on Market5

Property Features for 1575 20th Street NW

General Information

Standard status Active
Size 2,534 SF
Net Rentable 2,534 SF
Zoning Business/Commercial
Lease Type NNN

Space & Availability

Available Space 2,534 SF
Contiguous Space 2,534 SF
Space Use Medical Office

Taxes and HOA fees

Annual Taxes $213,754

Amenities

electric car charging

Building Details

Building Size 57,751 SF
Year Built 2005
Units 8
Listing Agency: MDC Real Estate Services
Listed By: John R. Jasinski
Source: Getyoumoved
Added: Oct 20 Changed: Oct 23 Last Checked: Oct 23 at 2:26PM

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 MDC Real Estate Services

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Investment Insights

Based on property information with market context.

This 2,534-square-foot medical office suite is arranged with a semi-private entrance, lobby and reception area, two procedure rooms, and five treatment rooms. Additional space includes a physician’s office, process area, lab, storage, and a private restroom. The building was constructed in 2005, and the suite is zoned Business/Commercial.

Other healthcare practices in the professional building include Southern Heights Dental, Richie Eye Clinic, Tareen Dermatology, and Crossroads Surgery Center. Electric vehicle charging is available onsite.

Key Highlights

  • 2,534‑square‑foot medical office suite
  • Two procedure rooms and five treatment rooms
  • Lobby and reception area, physician’s office, process area, lab, and storage

Property Analytics

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Current Use

Dr. Anne E. ... Dental Office Southern Heights Dental ... Dental Office King Orthodontics Dental Office Dr. John H. ... Dental Office Southern Heights Dental ... Dental Office

Suggested Use

Top Pick Restaurant Law Firm Spa & Massage Center Pharmacy Auto Parts Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

263
Businesses Nearby
Well-served
Demand for This Use

Demographics for 55021, MN

30,636
Population
12,421
Households
2.5
Avg Household Size
40
Median Age
20%
College-Educated
90%
High-School Grad
177.0 sq mi
ZIP Area
173
Density / Sq Mi
$70,296
Median Household Income
$39,914
Median Earnings
$1,044
Median Rent
$267,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Similar Off Market Nearby

  • Heartland Animal Hospital: Born Candace DVM — 1200 Lyndale Ave N, Faribault, MN 55021
  • Prestemon Brad DVM — 1200 Lyndale Ave N, Faribault, MN 55021
  • Dr. Steve Elwood, DVM — 1200 Lyndale Ave N, Faribault, MN 55021
  • Heartland Animal Hospital — 1200 Lyndale Ave N, Faribault, MN 55021
  • Sandbulte Jesse DVM — 2200 Lyndale Ave N, Faribault, MN 55021

Frequently Asked Questions

What type of property is this?
Medical Office Space - A configured clinical suite includes reception, treatment rooms, a lab, storage, and a private restroom.
Where is this medical office space located?
The property is located at 1575 20th Street NW Faribault, MN.
What are key features of this property?
This property features: 2,534‑square‑foot medical office suite; Two procedure rooms and five treatment rooms; Lobby and reception area, physician’s office, process area, lab, and storage
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