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414 Main St NW
Elk River, MN 55330 Clemens & Munsinger Gardens

$3,658,560 USD

Office For Sale  •  4,970 SF

Property Details

  • Property Type Office
  • Total Building Size 6,000 SF
  • Lot Size 1.24 AC
  • Building Class C
  • Year Built 2026
  • Tenancy Single
0 Transit Score
50 Walk Score

Highlights

15-Year NNN lease with 3% annual increases; avg cap rate 7.63% across base term
Specialty Dental Brands: 250+ location national operator focused on oral surgery
Relocation clinic for AOMS Oral Surgeons with 7 surgeons serving growing demand
Rare one (1) ten-year renewal option structure beyond the 15-year base term
US-169 sees 45,000+ cars/day; adjacent to Walmart Supercenter and Home Depot
Avg HH income $131,595 within 5 miles; 2.0% annual population growth

Public Transportation

Commuter RailDriveWalkDistance
Elk River Station (Northstar Corridor - Northstar Commuter Rail) 5 min - 2.5 mi
12 min - 8.0 mi
AirportDriveWalkDistance
Minneapolis-St Paul International/Wold-Chamberlain 58 min - 45.0 mi
Thor St John 510-684-0574 Matthews Real Estate Investment Services
Thor St John 510-684-0574 Matthews Real Estate Investment Services