1559 7th W St Saint Paul, MN 55102-4243
Property Lookup
Property profile & analytics
1559 7th W St Saint Paul, MN 55102-4243
- Medical Office Space
- 5,361 SF
- 0.43 lot acres
Property ID
US46-0609074
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Medical Office Space
Property Details for 1559 7th W St
- Year built
- 2007
- Lot size
- 0.43 lot acres
- Property size
- 5,361 SF
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 14-28-23-22-0161
- APU
- 142823220161
Description
This exceptional retail property, located at 1559 7th Street West in Saint Paul, Minnesota, presents a compelling investment opportunity. The 5,353 square foot building, constructed in 2007, sits on a 0.44-acre lot and boasts 21 parking spaces. Currently operating at 100% occupancy under a Net Lease, the property offers a strong 6.62% capitalization rate with a Net Operating Income (NOI) of $162,253. The asking price is $2,450,000, translating to a price per square foot of $457. The lease features a remaining term of four years, with three five-year options and a 2% annual rent escalation clause. The tenant, Davita, a leading US kidney care provider holding a 37% market share, is backed by a corporate guarantee and possesses a Standard & Poor's Investment Grade rating of "BB-". The tenant is responsible for all property-related costs. The property's APN is 142823220161. This is a rare opportunity to acquire a stable, high-performing retail asset in a desirable Saint Paul location with a strong tenant and favorable lease terms. The property is zoned for retail use.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Saint Paul
- County
- Ramsey
- State
- Minnesota
- Longitude
- -93.142
- Latitude
- 44.9178
- CBSA code
- 33460
- CBSA name
- MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$72,816
$281,000
$1,790,300
$2,071,300
-
$281,000
$1,790,300
$2,071,300
