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    6517 Drew Ave Edina, MN 55435

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    For Lease
    Contact for pricing

    12,140 SF Single-Tenant Medical Office

    Lot size:
    12,140 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 12,140-square-foot medical office building presents a rare opportunity for healthcare providers. Situated on a 0.76-acre lot in Hennepin County, this single-tenant property offers immediate occupancy. Built in 1969, the one-story building boasts a modern clinic build-out, including dedicated lab space, significantly reducing tenant setup costs and time. Ample parking is provided with 40 spaces—a generous 5.8 spaces per 1,000 square feet—accommodating staff, patients, and clients comfortably. The building's strategic location in a high-demand corridor adjacent to M Health Fairview Hospital ensures excellent visibility and accessibility. Enhance your brand presence with prominent building and monument signage opportunities. The property is classified as Class C and features a complete build-out ready for immediate use. An early termination option is available in December 2026, offering flexibility for prospective tenants. This is a unique chance to acquire a well-established medical office building in a prime location with significant advantages for healthcare professionals. The property's single-tenant occupancy simplifies management and provides a stable investment opportunity.

    Property Features for 6517 Drew Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,140 SF
    Class
    C

    Building Details

    Year Built
    1969
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Floor 1-2, Suite Bldg
    Size
    12,140 SF

    HighLights

    • 12,140 SF single‑tenant medical office building.
    • Located in a high‑demand corridor adjacent to M Health Fairview Hospital.
    • Ample parking: 40 spaces (5.8 spaces per 1,000 SF).
    • Immediately available with early termination option in December 2026.
    • Existing medical clinic build‑out with lab space.
    • Excellent signage opportunities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Natalie Rigelman-Hedberg Pediatrician

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Edina
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.3255184
    Latitude
    44.8847836

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    FAQs

    What type of property is this?
    Medical office - 12,140 SF Single-Tenant Medical Office
    Where is this medical office located?
    The property is located at 6517 Drew Ave Edina, MN.
    What are key features of this property?
    This property features: 12,140 SF single-tenant medical office building.; Located in a high-demand corridor adjacent to M Health Fairview Hospital.; Ample parking: 40 spaces (5.8 spaces per 1,000 SF).
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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
    6517 Drew Ave Edina, MN 55435
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