This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
This Office Property is no longer advertised on LoopNet.com.

11237 NW Foley Blvd
Minneapolis, MN 55448
Heartland Dental 2 Property Portfolio | 8% Ca · Office Property For Sale

INVESTMENT HIGHLIGHTS

  • Two property dental portfolio - 8% cap rate
  • Lease guaranteed by Heartland Dental LLC, the nation's largest dental support organization providing services to 1,400 supported dentists
  • 10 year lease with local mental health care provider with annual rent escalations in Ramsey Building, both buildings 100% full
  • Established dental practices servicing the Twin Cities Metro for over 30 Years
  • 7 year leases with options to extend for 15 more years
  • Recent improvements to both buildings, grounds and parking lots

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
6,605 SF
Building Class
B
Year Built/Renovated
1966/1978
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,303 SF
Building FAR
0.09
Lot Size
1.70 AC
Zoning
CI - General Business
Parking
65 Spaces (9.84 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage
  • Kitchen
  • Reception
  • Central Heating
  • Monument Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
13-31-24-42-0086
Land Assessment
$86,600
Improvements Assessment
$326,300
Total Assessment
$412,900
  • Listing ID: 24587478

  • Date on Market: 12/2/2021

  • Last Updated:

  • Address: 11237 NW Foley Blvd, Minneapolis, MN 55448

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}