901 2nd St, Minneapolis, MN 55401-1009
This exceptional 7,821-square-foot medical office building, constructed in 2008, presents a compelling net lease investment opportunity. Located at 901 S 2nd St, Minneapolis, MN 55415, in Hennepin County, this single-tenant property boasts 100% occupancy with a corporate guarantee. The property is a medical condo situated on the ground level of the Zenith Condominium building. The tenant is University of Minnesota Physicians, a highly reputable and financially stable organization committed to academic medicine and serving patients across Minnesota. The property features a NNN lease structure, minimizing landlord responsibilities and providing predictable cash flow. The building's prime location in Minneapolis offers excellent visibility and accessibility. This investment is part of a larger portfolio of medical-retail properties, available for individual or portfolio acquisition. The property's strong tenant, stable lease terms, and desirable location make it an attractive investment for discerning buyers seeking a secure and profitable addition to their portfolio. The Asset Property Number (APN) is 23-029-24-43-0212.
-
Janine Pingel, MD Pediatrician Medical Clinic
-
Jon Hallberg, MD Pediatrician Physician
-
Shawn Ullrich Counselor Social Worker
-
Megan Keuler Pediatrician Physician
-
Shawn Whelan, RN, MS, CNP Physician
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
B4N · 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.