Medical Office Building For
For Sale
Contact for pricing
2020 Hospital Dr, Windom, MN 56101
Single tenant, absolute NNN lease with credit rated tenant.
Property Size12,541 SF
Lot Size6.52 Acres
Price / SF$437.05
Days on Market203
Property Features for 2020 Hospital Dr
General Information
Standard status
Active
Size
12,541 SF
Class
A
Lot size
6.52 Acres
Property subtype
Office
Building Details
Year Built
2020
Listing Agency:
Bender Commercial
(605) 782-1662
Listed By:
Michael Bender · License #SD 4277
Source:
Crexi
Added: Jan 21
Changed: Aug 8
Last Checked: Aug 8 at 2:50PM
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 Bender Commercial
Investment Insights
Based on property information with market context.
This is a build-to-suit medical office building constructed in 2020. The property has a single tenant with an absolute triple net lease structure. The remaining lease term is 15 years, with two five-year options to extend. Rent escalations are 5% every five years. The building has 12,541 square feet of space and is situated on a 6.52-acre lot. There are 48 surface parking spaces available, providing a parking ratio of 3.83 per 1,000 square feet. The tenant is Avera McKennan, with a credit rating of AA- (S&P, Fitch).
Key Highlights
- Long‑Term Lease: Enjoy 15 years of stable income with an absolute triple net lease.
- Creditworthy Tenant: Leased to Avera McKennan (AA- rated), minimizing risk.
- Rent Escalations: Benefit from 5% rent increases every five years.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
186
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 56101, MN
6,008
Population
2,811
Households
2.1
Avg Household Size
42
Median Age
24%
College-Educated
93%
High-School Grad
172.3 sq mi
ZIP Area
35
Density / Sq Mi
$71,354
Median Household Income
$39,784
Median Earnings
$777
Median Rent
$171,900
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
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- Cottonwood Veterinary Clinic — 2250 MN-60, Windom, MN 56101
Frequently Asked Questions
What type of property is this?
Medical Office Space - Single tenant, absolute NNN lease with credit rated tenant.
Where is this medical office space located?
The property is located at 2020 Hospital Dr Windom, MN.
What is the asking price?
The asking price for this property is $5,481,000.
What are key features of this property?
This property features: Long‑Term Lease: Enjoy 15 years of stable income with an absolute triple net lease.; Creditworthy Tenant: Leased to Avera McKennan (AA- rated), minimizing risk.; Rent Escalations: Benefit from 5% rent increases every five years.
