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Freestanding Medical Office Building
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2718 Ekko Ave, Albert Lea, MN 56007

Dermatology facility occupied by Epiphany Dermatology under a net lease with 3% rent bumps.

Property Size5,000 SF
Days on Market143

Property Features for 2718 Ekko Ave

General Information

Standard status Active
Size 5,000 SF
Property subtype Office

Building Details

Buildings 1
Building Size 5,000 SF
Tenancy Single
Listing Agency: Matthews
Listed By: Kyle Mackulak · License #CA 02055597
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 5:18PM

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 Matthews

Investment Insights

Based on property information with market context.

The offering includes the fee simple interest in a freestanding medical office property at 2718 Ekko Ave in Albert Lea, Minnesota. The building contains 5,000 square feet and is occupied by Epiphany Dermatology, a dermatology operator with more than 80 locations across the country.

The property is subject to a 5-year net lease featuring 3% rent bumps. Its dedicated medical-office use and freestanding configuration distinguish the asset within the healthcare property sector.

Key Highlights

  • 5,000‑square‑foot freestanding medical office property
  • Occupied by Epiphany Dermatology, with over 80 locations across the country
  • 5‑year net lease

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Plumbing Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Bakery

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

227
Businesses Nearby
Well-served
Demand for This Use

Demographics for 56007, MN

21,434
Population
9,873
Households
2.2
Avg Household Size
43
Median Age
18%
College-Educated
88%
High-School Grad
169.3 sq mi
ZIP Area
127
Density / Sq Mi
$66,479
Median Household Income
$43,867
Median Earnings
$843
Median Rent
$161,100
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Dermatology facility occupied by Epiphany Dermatology under a net lease with 3% rent bumps.
Where is this medical office space located?
The property is located at 2718 Ekko Ave Albert Lea, MN.
What are key features of this property?
This property features: 5,000‑square‑foot freestanding medical office property; Occupied by Epiphany Dermatology, with over 80 locations across the country; 5‑year net lease
More about this property
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