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NNN Oral Surgery Property
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414 Main Street Northwest, Elk River, MN 55330

Newly constructed medical office investment occupied under a long-term absolute net lease.

Property Size6,000 SF
Price / SF$609.76
Days on Market5

Property Features for 414 Main Street Northwest

General Information

Standard status Active
Size 6,000 SF
Property subtype Special Purpose
Net Operating Income $228,660

Building Details

Year Built 2025
Tenancy Single
Listing Agency: Matthews
Listed By: Thor St John · License #CA - 02051284
Source: Crexi
Added: Aug 7 Changed: Aug 11 Last Checked: Aug 11 at 2:39AM

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.

Constructed in 2025, this 6,000-square-foot medical office property is occupied by an oral surgery practice under an NNN lease. The lease has an initial 15-year term and provides for 3% annual increases.

The property is located at 414 Main Street Northwest in Elk River, Minnesota. The operator has more than 250 locations, adding established platform scale to the tenancy profile.

Key Highlights

  • 2025 construction
  • 6,000 square feet of medical office space
  • Oral surgery occupancy under an NNN lease

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Locksmith Kitchen & Bath Showroom Carpet & Flooring Store Barber Shop

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

910
Businesses Nearby

Demographics for 55330, MN

43,626
Population
16,796
Households
2.6
Avg Household Size
37
Median Age
33%
College-Educated
94%
High-School Grad
106.6 sq mi
ZIP Area
409
Density / Sq Mi
$111,481
Median Household Income
$59,332
Median Earnings
$1,356
Median Rent
$355,200
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?
NNN property - Newly constructed medical office investment occupied under a long-term absolute net lease.
Where is this nnn property located?
The property is located at 414 Main Street Northwest Elk River, MN.
What is the asking price?
The asking price for this property is $3,658,560.
What are key features of this property?
This property features: 2025 construction; 6,000 square feet of medical office space; Oral surgery occupancy under an NNN lease
More about this property
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