4113 E Lake St, Minneapolis, MN 55406
For Sale
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This exceptional investment opportunity presents a fully leased Class B executive office building located at 4113-4123 E Lake St, Minneapolis, MN 55406, in Hennepin County. The property boasts a substantial 12,968 square feet of space, currently enjoying 100% occupancy. The building is offered at an asking price of $2,350,000. The lease structure is a gross lease, simplifying management and providing a consistent income stream for the owner. The single tenancy further streamlines operations and minimizes tenant management complexities. This property is ideal for investors seeking a stable, high-occupancy asset in a desirable Minneapolis location. The address is conveniently situated at 4113-4123 E Lake St, providing excellent access to local amenities and transportation networks. The building's classification as a Class B office space reflects its solid construction and functional design, suitable for a variety of executive office uses. The property's strong occupancy rate underscores its appeal and potential for long-term value appreciation. This is a rare opportunity to acquire a fully leased, high-performing commercial property in a thriving Minneapolis market. The property's location in Hennepin County offers further advantages in terms of access to resources and a strong local economy. This turnkey investment requires minimal effort to manage and offers immediate cash flow.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C1 · Minneapolis, MNMinneapolis. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.