Property profile

0 607/621-625Demers Ave East Grand Forks, MN 56721

OFF-MARKET
Office Spaces
14,838 SF
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Property summary

AI-generated overview

This exceptional 14,838 square foot medical office building in East Grand Forks, Minnesota, offers a unique opportunity for healthcare professionals. Located at 607/621-625 Demers Ave, 56721, this prime location boasts high traffic counts and ample parking, situated directly across from City Hall. The property features multiple suites ranging from 719 to 6,509 contiguous square feet, all currently vacant and immediately available. Units are available on both the first and second floors and offer a variety of configurations, including open areas, private offices, and private restrooms. A shared lounge/kitchenette area adds convenience. The building is ideal for medical practices of all sizes, offering flexibility with the ability to combine spaces to meet specific needs. Tenant improvement allowances are negotiable, making this an attractive option for businesses seeking a move-in ready space or those requiring customization. This property offers a fantastic opportunity to join established healthcare providers Sanford Health and Altru Health in a thriving location. The property is in Polk County and is easily accessible.

Property profile

Verified
Property type Office Spaces
Total area 14,838 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

607/621-625Demers Ave East Grand Forks, MN 56721
East Grand Forks metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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