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901 S 2nd St
Minneapolis, MN 55415
Net Leased Clinic UofM Physicians 3% bumps · Multifamily Property For Sale · 63 Units

INVESTMENT HIGHLIGHTS

  • Net leased 100% occupied U of M Physicians clinic in the heart of the Mill District

EXECUTIVE SUMMARY

CBRE is pleased to present qualified investors the opportunity to acquire the Mill City Clinic/U Minnesota Physicians, which is located on the ground level of the Zenith Condominium, a high-end condo development in the Mill District of Minneapolis. This 7,821 square-foot medical condo is 100% occupied by the University of Minnesota Physicians. This unique opportunity provides a strong Net Operating Income with a credit tenant, who has a long operating history in the space. To review the CA, please click the link below: https://www.cbredealflow.com/buyer/agreement?pv=SAwmirISNW6-4vUtc6z4FQnEHVaScGS-HJZhHXO76Bt9ukn2TjjT6thwtZiYDisw

PROPERTY FACTS

No. Units 63
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class A
Lot Size 0.79 AC
Building Size 99,000 SF
Average Occupancy 100%
No. Stories 9
Year Built 2008
APN / Parcel ID
23-029-24-43-0219
  • 23-029-24-43-0230
  • 23-029-24-43-0233
  • 23-029-24-43-0241
  • 23-029-24-43-0276
  • 23-029-24-43-0296
  • 23-029-24-43-0339
  • 23-029-24-43-0340
  • 23-029-24-43-0358
  • 23-029-24-43-0379
  • 23-029-24-43-0382
  • 23-029-24-43-0383
  • 23-029-24-43-0384
Zoning C3A
  • Listing ID: 34212783

  • Date on Market: 12/16/2024

  • Last Updated:

  • Address: 901 S 2nd St, Minneapolis, MN 55415

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