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Medical Office Suite with Exam Rooms
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For Lease
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515 22nd Avenue E, Alexandria, MN 56308

Fourteen plumbed exam rooms support clinical layouts, and the suite can be divided into smaller units.

Space Size3,192 SF
Days on Market3

Property Features for 515 22nd Avenue E

General Information

Standard status Active
Size 3,192 SF
Net Rentable 3,192 SF
Class A
Zoning Business/Commercial
Lease Type NNN

Space & Availability

Available Space 3,192 SF
Contiguous Space 3,192 SF
Divisible Yes
Space Use Medical Office
Sublease No
Available From Immediate
Private Offices 14

Lease Terms

Lease Rate $4,788 /MO
Monthly Rent $4,788
Rent per SF/Year $18
Lease Term 36 months
Flexible Term Yes

Additional Details

Sprinkler System Yes

Taxes and HOA fees

Annual Taxes $28,676

Building Details

Building Size 3,192 SF
Year Built 2009
Units 1
Tenancy Multi
Listing Agency: ConnCrete Realty Solutions
Listed By: Robert Aaron Conn
Source: Getyoumoved
Added: Oct 22 Changed: Oct 23 Last Checked: Oct 23 at 4:31PM

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 ConnCrete Realty Solutions

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Investment Insights

Based on property information with market context.

This 3,192-square-foot medical office suite includes 14 exam rooms, each fitted with a sink and plumbing, plus one bathroom and a cleaning and utility room. The building was constructed in 2009 and has sprinkler protection throughout. A dedicated entrance on the south side and a separate emergency exit serve the space.

The suite is available under a NNN lease with a three-year minimum term. Subdivision into two smaller units is also an option. Business/Commercial zoning applies.

Key Highlights

  • 3,192 SF medical office suite at 515 22nd Avenue E, Alexandria, MN 56308
  • 14 exam rooms, each with a sink and plumbing
  • One bathroom and one cleaning/utility room

Property Analytics

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Current Use

Medical Office Space

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Bakery Locksmith Electrical Service Catering Service

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

Multi-tenant
Tenancy
Yes
Sprinkler system
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

777
Businesses Nearby
Balanced
Demand for This Use

Demographics for 56308, MN

26,391
Population
14,350
Households
1.8
Avg Household Size
44
Median Age
33%
College-Educated
96%
High-School Grad
155.9 sq mi
ZIP Area
169
Density / Sq Mi
$76,831
Median Household Income
$43,999
Median Earnings
$921
Median Rent
$307,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Medical Office Space - Fourteen plumbed exam rooms support clinical layouts, and the suite can be divided into smaller units.
Where is this medical office space located?
The property is located at 515 22nd Avenue E Alexandria, MN.
What are key features of this property?
This property features: 3,192 SF medical office suite at 515 22nd Avenue E, Alexandria, MN 56308; 14 exam rooms, each with a sink and plumbing; One bathroom and one cleaning/utility room
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