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280 Snelling Ave N
Saint Paul, MN 55104 Snelling Hamline

$2,389,200 USD

Medical For Sale  •  6,955 SF

Property Details

  • Property Type Medical
  • Total Building Size 6,955 SF
  • Lot Size 0.39 AC
  • Building Class B
  • Year Built 2007
  • Cap Rate 6.25 %
  • Tenancy Single
  • Zoning C
70 Transit Score
60 Walk Score

Highlights

Long-Term Lease: Entira Family Clinic is on a NN lease with more than 9 years remaining and 2% annual increases.
Central St. Paul Location with Ample Parking: Situated on Snelling Avenue, a major north-south corridor connecting numerous St. Paul neighborhoods
Proximity to Major Universities: Located within 2 miles are four major universities
Strong Demographics: 1-mile average household income of $110,600 and 5-mile population of 435,705.
Excellent Accessibility: Easy access to I-94, I-35E, and surrounding St. Paul and Minneapolis neighborhoods, supporting a broad patient catchment area
Prime Retail Corridor Location: Located in a vibrant commercial corridor near Starbucks, Whole Foods Market, Patina and other established retailers.

Property Flyers

Cap Rate: 6.25 %

Major Tenants

Tenant SF Occupied Lease End Date
Entira Family Clinics 4/1/2036

Public Transportation

Commuter RailDriveWalkDistance
8 min - 4.5 mi
Target Field Station (Northstar Corridor - Northstar Commuter Rail) 14 min - 6.8 mi
AirportDriveWalkDistance
Minneapolis-St Paul International/Wold-Chamberlain 15 min - 7.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 23
Type: Surface
Included in Rent: Yes
Keith Sturm 612-332-6600 Upland Real Estate Group, Inc.
Keith Sturm 612-332-6600 Upland Real Estate Group, Inc.