Sold
10450 185th Street W
Lakeville MN, 55044
$6,500,000
$259.24 per sqft
Sold
25,073 sqft
Commercial
Built in 2000
Opportunity to acquire the Lakeville Professional Plaza - a three (3) building Class-A Medical Office Portfolio situated on two (2) adjacent parcels of land totaling approximately 3.6 acres. The Tenant base is mostly medical service firms that offer medical imaging services, dental, oral surgery, autism care, and chiropractic care. The current tenant base has an average historical occupancy of 14.5 years and the buildings are 93% leased with in-place Net Operating Income of just over $435,000. Highly visible along 185th Street in Lakeville, MN - near other medical-related properties and recognized retail.
6128917
MLSⓇ ID
October 19, 2021
Listed
February 16, 2024
Updated
Map
10450 185th Street W
Lakeville MN, 55044
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
3.6 Acres
Sewer
City Sewer/Connected
School Information
School District
Lakeville
Other Property Details
Taxes
$86,486
Tax Frequency
Annually
Days on Market
238
Garage
No
Parking
Paved, Open
View
No
County
Dakota
Water Source
City Water/Connected
Pool
No
Buyer Agency Compensation
3%
Courtesy of NAI Legacy
If a listing is in Coming Soon status, it is not currently available for showings but will be soon. Open House information is subject to change without warning. This home sale information is not an appraisal, competitive or comparative market analysis, CMA, or home evaluation. Information Deemed Reliable But Not Guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Stephanie Chandler Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Northstar MLS. All rights reserved.
Data last updated 1:06 AM UTC, 2/16/2024
