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    4815 Arrowhead Rd Hermantown, MN 55811

    Sponsored
    For Lease
    $20 SF/Yr

    Prime Medical/Executive Office Suites Available

    Lot size:
    13,869 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    North Shore Bank Place offers a rare opportunity to lease exceptional office space in a Class A building. This two-story, 13,869 square foot building boasts a highly visible location at the corner of Highway 53 and Arrowhead Road, ensuring excellent exposure for your business. Currently, 2,599 square feet of space is available for lease, perfect for a variety of uses, including medical, traditional, or executive offices. The building features nine total suites, providing flexibility for businesses of different sizes. Ample parking is available with 119 spaces for tenants and visitors. Built in 2001, the building is well-maintained and includes a single elevator for convenient access to both floors. The property's strategic location and modern amenities make it an ideal choice for businesses seeking a prestigious and functional workspace. Don't miss this chance to establish your presence in a thriving area with exceptional visibility and convenient access. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 4815 Arrowhead Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    13,869 SF
    Class
    A
    Total Rate
    23115

    Building Details

    Year Built
    2001
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 210
    Size
    2,599 SF
    Rate per SF
    $20

    HighLights

    • Class A, 13,869 SF medical, traditional, and executive office building.
    • Nine suites total, with one 2,599 SF space currently available.
    • Built in 2001, two‑story building with 119 parking spaces.
    • Features one elevator.
    • Excellent visibility at the intersection of Hwy 53 and Arrowhead Road.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Clothing Store Nail Salon Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Hermantown
    County
    St. Louis
    State
    Minnesota
    Longitude
    -92.18955
    Latitude
    46.8226449

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    Nearby Similar for Lease

    • $16 SF/Yr
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      4891 Miller Trunk Hwy, Hermantown, MN 55811
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    • $20 SF/Yr
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      Hermantown Office Space For Rent

      Office space available in Hermantown with great visibility.
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    FAQs

    What type of property is this?
    Medical office - Prime Medical/Executive Office Suites Available
    Where is this medical office located?
    The property is located at 4815 Arrowhead Rd Hermantown, MN.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: Class A, 13,869 SF medical, traditional, and executive office building.; Nine suites total, with one 2,599 SF space currently available.; Built in 2001, two-story building with 119 parking spaces.
    Request Owner's contact information
    4815 Arrowhead Rd Hermantown, MN 55811
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    Hermantown, MN 55811
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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
    4815 Arrowhead Rd Hermantown, MN 55811
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