7110-7190 University Ave Fridley, MN 55432
This exceptional Fridley, Minnesota, medical office property, known as the Rice Creek Business Center, offers a prime opportunity for healthcare providers and businesses. Located at 7110-7190 University Ave NE, Fridley, MN 55432, this single-story, Class B building boasts 58,839 square feet of space and features multiple tenancies. The building was constructed in 1988 and offers a desirable 14-foot ceiling height. Two available spaces range from 4,808 to 6,530 square feet, with the possibility of combining them for a contiguous 11,338 square feet. The property is zoned C-2 and enjoys excellent visibility and accessibility along University Avenue NE, a major thoroughfare. Its strategic location provides easy access to Interstate 694, Highway 610, and Highway 65, ensuring convenient commutes for staff and patients. Furthermore, the property's proximity to Fridley Station-Metro Transit, offering a Northstar Line connection, enhances its appeal. The building is situated in the Northeast submarket of Fridley, approximately 10 minutes north of downtown Minneapolis. This presents a unique opportunity to establish or expand a medical practice in a thriving and easily accessible location. The property's size and flexibility make it suitable for a variety of medical office uses or a combination of medical and retail uses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.