4100 Berkshire N Ln, Plymouth, MN 55446-3813

1.59 ac lot Built 1988

Entity Owned 1-yr Hold ~ Est. High Equity

Property ID

US46-0470780

Google Maps

Exceptional investment opportunity in Plymouth, MN, this 23,769 square foot medical office building boasts a strong 8.00% cap rate and a substantial net operating income (NOI) of $312,875. Built in 1988 and extensively renovated in 2023, the property sits on a 1.59-acre lot and offers 87 parking spaces. Its prime location near Rockford Road and Interstate 494 ensures easy accessibility within the Minneapolis metro area, a thriving market with a GDP approaching $300 billion and a low unemployment rate. The surrounding area features a robust trade area with numerous restaurants and retail stores, providing ample amenities for patients and staff. The building's high visibility and location in a desirable suburb contribute to its strong tenant base and potential for future growth. The asking price is $3,911,000. This represents a rare opportunity to acquire a stable, high-performing medical office building in a dynamic and growing market. The property benefits from its proximity to a strong residential area and a highly trafficked location, ensuring consistent patient flow and high visibility. This is an ideal investment for those seeking a stable, high-return asset in a desirable location.