Property summary
Located in the heart of the city, the Skyline Professional Building offers 24,757 square feet of Class B medical office space in a single, two-story building constructed in 1979. This exceptionally clean, locally owned and managed property boasts recently renovated common areas, restrooms, and landscaping. The building sits on 1.6 acres of land and provides ample parking with 107 spaces. Five suites are currently available, ranging from a minimum of 263 square feet to a maximum of 2,331 contiguous square feet. Two suites include convenient kitchenettes. The property is ideally situated within walking distance of banks, restaurants, coffee shops, and a convenience store, offering excellent walkability and numerous amenities. Its strategic location provides easy access to major transportation routes, being just 13 minutes from the airport and Mall of America, and less than 20 minutes from both Minneapolis and St. Paul. The building also features a shared conference room and is conveniently located on a bus line. Property taxes are $1.57 per square foot. This is an exceptional opportunity for medical professionals seeking a well-maintained, conveniently located office space.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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(Bike/Boat/Book/etc) Store Corporate Office
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Alternative Medicine Practice
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Alternative Medicine Practice
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Physician
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
R · Burnsville, MNZoning
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Zoning designation
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