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    901 2Nd St Minneapolis, MN 55415

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    For Sale
    Contact for pricing

    7,821 SF NNN Lease, 100% Occupied

    Property size:
    7,821 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 7,821-square-foot medical office building, constructed in 2008, presents a compelling net lease investment opportunity. Located at 901 S 2nd St, Minneapolis, MN 55415, in Hennepin County, this single-tenant property boasts 100% occupancy with a corporate guarantee. The property is a medical condo situated on the ground level of the Zenith Condominium building. The tenant is University of Minnesota Physicians, a highly reputable and financially stable organization committed to academic medicine and serving patients across Minnesota. The property features a NNN lease structure, minimizing landlord responsibilities and providing predictable cash flow. The building's prime location in Minneapolis offers excellent visibility and accessibility. This investment is part of a larger portfolio of medical-retail properties, available for individual or portfolio acquisition. The property's strong tenant, stable lease terms, and desirable location make it an attractive investment for discerning buyers seeking a secure and profitable addition to their portfolio. The Asset Property Number (APN) is 23-029-24-43-0212.

    Property Features for 901 2Nd St

    General Information

    Property type
    Medical offices
    Square Feet
    7,821 SF

    Building Details

    Year Built
    2008

    HighLights

    • 7,821 SF medical office building, built in 2008, offering a net lease investment opportunity.
    • Located at 901 S 2nd St, Minneapolis, MN 55415 (Hennepin County), this single‑tenant property is 100% occupied with a corporate guarantee from University of Minnesota Physicians.
    • Ground‑level medical condo within the Zenith Condominium building, featuring a NNN lease structure.
    • Prime Minneapolis location provides excellent visibility and accessibility.
    • Part of a larger portfolio of medical‑retail properties, available for individual or portfolio acquisition. APN: 23‑029‑24‑43‑0212.
    Property Profile Location Intelligence

    Current Use by Public Records

    Janine Pingel, MD Pediatrician Jon Hallberg, MD Family Practice Physician Shawn Ullrich Counselor Megan Keuler Family Practice Physician Shawn Whelan, RN, ... Nurse Practitioner

    Suggested Use

    Realty agency Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Building Supply Clothing Store Daycare Center Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.2549857
    Latitude
    44.9771587

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    FAQs

    What type of property is this?
    Medical office - 7,821 SF NNN Lease, 100% Occupied
    Where is this medical office located?
    The property is located at 901 2Nd St Minneapolis, MN.
    What are key features of this property?
    This property features: 7,821 SF medical office building, built in 2008, offering a net lease investment opportunity.; Located at 901 S 2nd St, Minneapolis, MN 55415 (Hennepin County), this single-tenant property is 100% occupied with a corporate guarantee from University of Minnesota Physicians.; Ground-level medical condo within the Zenith Condominium building, featuring a NNN lease structure.
    Request Owner's contact information
    901 2Nd St Minneapolis, MN 55415
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    Minneapolis, MN 55415
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    901 2Nd St Minneapolis, MN 55415
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