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Hinckley Medical Office Investment Opportunity

45 LADY LUCK DR Hinckley, MN 55037

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Single-tenant medical office building in Hinckley, Minnesota for sale.

Type:Office
Property size:
14,186 SF
Lot size:
4.87 Acres
Price / SF:
$364/SF
Added:
May 20, 2026
Days on Market:
54
Last Refresh:
Jul 4 at 11:07 am

Property Features for 45 LADY LUCK DR

General Information

Standard status
Active
Size
14,186 SF
Lot size
4.87 Acres
Property subtype
Office

Building Details

Year Built
2015

Listing office Northmarq Capital, LLC

Listing date May 20, 2026

Source Crexi

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 Northmarq Capital, LLC


Investment Insights

Based on property information with market context.

This single-tenant medical office facility is located in Hinckley, Minnesota. Constructed in 2015, the single-story building has 14,186 square feet and sits on 4.87 acres. The property currently operates as the Essentia Health – Hinckley Clinic since February 2024, providing family medicine, primary care, specialty services including podiatry, and urgent care. Future expansion capabilities include imaging and rehabilitation. The site is located along Lady Luck Drive in Pine County, with direct access to Interstate 35, which carries 23,600 vehicles per day. It is approximately 1.5 miles west of Grand Casino Hinckley. The property is leased on a double net (NN) basis commencing September 1, 2023, through September 30, 2033, with approximately 7.4 years of remaining term. The tenant is responsible for utilities, HVAC, CAM, insurance, taxes, and building system maintenance, with landlord responsibilities limited to the structural components and roof. The current annual base rent is $369,248 ($26.03/SF) with 2% annual escalations and one five-year renewal option extending the potential lease term through September 2038. The tenant, Pine Medical Center, is a subsidiary of Essentia Health.

Key Highlights

  • Long‑term double net (NN) lease with Essentia Health subsidiary (Pine Medical Center) through September 2033, providing stable income.
  • Essentia Health is a large, financially strong tenant with an A- credit rating from Fitch Ratings and $3.28 billion in total revenues.
  • Annual rent escalations of 2% provide increasing income over the lease term.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Gateway Family Health ... Medical Clinic Kenneth E. Etterman, ... Pediatrician Essentia Health-Hinckley Clinic Medical Clinic Gregory Scott Defor, ... Pediatrician Tani Elizabeth Berzins, ... Physician

Suggested Use

Auto Parts Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Parking Lot & Garage Big Box & Wholesale Store Cafe & Coffee Shop Pet Grooming Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Bakery

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Medical Office Space - Single-tenant medical office building in Hinckley, Minnesota for sale.
Where is this medical office space located?
The property is located at 45 LADY LUCK DR Hinckley, MN.
What is the asking price?
The asking price for this property is $5,164,310.
What are key features of this property?
This property features: Long‑term double net (NN) lease with Essentia Health subsidiary (Pine Medical Center) through September 2033, providing stable income.; Essentia Health is a large, financially strong tenant with an A- credit rating from Fitch Ratings and $3.28 billion in total revenues.; Annual rent escalations of 2% provide increasing income over the lease term.
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