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625 Demers Ave
East Grand Forks, MN 56721

Price Upon Request

Medical For Sale  •  61,995 SF

Property Details

  • Property Type Medical
  • Total Building Size 61,995 SF
  • Lot Size 5.12 AC
  • Building Class B
  • Year Built 2001
  • Tenancy Multiple
  • Zoning Commercial
0 Transit Score
66 Walk Score

Highlights

Two Credited Health System Tenants, Both with NNN Leases and 2% Annual Rent Increases
Property Located Only 3.1 Miles from Nearest Hospital
Sanford Health Offers Patients Comprehensive Medical Services; Including Walk-In Clinic, Cardiology, General Surgery, Heart Care, Weight Loss Surgery,
Altru Medical Services Include a Walk-In Clinic, Laboratory Services, Radiology, and Multiple Types of Therapies (Including Hand Therapy, Massage The
Leases Extend Out Until 2027 with Each Tenant Expecting to Occupy More Space Until the Property is One Hundred Percent Leased
Both Tenants Have 1-5 Year Renewal Option Remaining

Major Tenants

Tenant SF Occupied Lease End Date
Altru Health System 26,261 SF
Sanford Health 20,896 SF

Public Transportation

Commuter RailDriveWalkDistance
10 min - 5.8 mi
AirportDriveWalkDistance
Grand Forks International 13 min - 8.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes