Building Details

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Stories 1

Tenancy Single

Listing Agency: Davis

Listed By: Jill Rasmussen · License #90650

Source: Crexi

Added: Feb 27 Changed: Aug 8 Last Checked: Aug 10 at 3:43PM

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Investment Insights

Based on property information with market context.

This commercial property offers 6,489 square feet of space and is suitable for medical or office use. The property is currently being offered as a medical investment opportunity with a capitalized rate of 8.4%.

Key Highlights

• 8.4% CAP Rate
• Medical Investment
• 6,489 SF

Property Analytics

Property Profile

Current Use

VOSH / Minnesota Volunteer Organization Hess James J ... Physician Dr. Lauren Bruehl Physician Mary Laconic Physician Chase Endres Physician

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Bakery Garden Center HVAC 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.

Location Intelligence

Trade Area within ½ mile

745

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 55429, MN

28,755

Population

10,529

Households

2.7

Avg Household Size

34

Median Age

24%

College-Educated

88%

High-School Grad

6.0 sq mi

ZIP Area

4,793

Density / Sq Mi

$66,661

Median Household Income

$40,255

Median Earnings

$1,253

Median Rent

$267,900

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

Questions? Ask Rey

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What type of property is this? Where is this medical office space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Medical Office Space - 6,489 SF medical space for sale, 8.4% CAP.

Where is this medical office space located?

The property is located at 5200 Douglas Dr N Minneapolis, MN.

What is the asking price?

The asking price for this property is $4,195,000.

What are key features of this property?

This property features: 8.4% CAP Rate; Medical Investment; 6,489 SF