Log In/Sign Up
Your email has been sent.
5020 Minnetonka Blvd
Saint Louis Park, MN 55416
Office Property For Sale
EXECUTIVE SUMMARY
Highly visible location along Minnetonka Boulevard, just blocks East of Hwy 100. Currently used as a dental office, could be repurposed for general office space or other light medical uses. Front of building includes reception area and waiting room. ADA ramp located in front of building.
Existing tenant paying $3,500 monthly NNN with lease expiring in October 2025. All dental equipment is excluded from the sale, but can possibly negotiated to purchase. Please do not disturb existing tenant. All showings through broker.
Existing tenant paying $3,500 monthly NNN with lease expiring in October 2025. All dental equipment is excluded from the sale, but can possibly negotiated to purchase. Please do not disturb existing tenant. All showings through broker.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
1,463 SF
Building Class
C
Year Built
1950
Price
$967,766 CAD
Price Per SF
$661.49 CAD
Cap Rate
6.01%
NOI
$58,149 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
1,463 SF
Building FAR
0.14
Lot Size
0.24 AC
Parking
10 Spaces (6.84 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Waterfront
PROPERTY TAXES
| Parcel Number | 31-029-24-34-0061 | Improvements Assessment | $610,745 CAD |
| Land Assessment | $200,812 CAD | Total Assessment | $811,557 CAD |
PROPERTY TAXES
Parcel Number
31-029-24-34-0061
Land Assessment
$200,812 CAD
Improvements Assessment
$610,745 CAD
Total Assessment
$811,557 CAD
1 of 17
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
