Hinckley Medical Office Investment
45 LADY LUCK DR, Hinckley, MN 55037
Single-tenant medical office building in Hinckley, Minnesota for sale.
Type:Office
Property size:
14,186 SFLot size:
4.87 AcresPrice / SF:
$364/SF- Added:
- May 20, 2026
- Days on Market:
- 9
- Last Refresh:
- May 21 at 7:30 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 agent Scott Briggs License #OK 160500
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
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.
- Modern, purpose‑built medical office building constructed in 2015.
- Strategic location with direct access to Interstate 35, a high‑traffic corridor.
- Potential for future expansion of medical services, including imaging and rehabilitation.
Overview
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.
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
Location Insight
- Map
- Local Demand
- City
- Hinckley
- County
- Pine
- State
- Minnesota
- Longitude
- -92.918384
- Latitude
- 46.008027
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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.
