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4201 Webber PkwyMinneapolis, MN 55412

14,432 SF Medical Office Building, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
117
The Camden Center, a 14,432 square foot medical office building located at 4201 Webber Pkwy, Minneapolis, MN 55412, presents a compelling investment opportunity. Built in 1997, this single-building property boasts a 100% occupancy rate, anchored by a long-term corporate-guaranteed tenant, North Memorial Medical Clinic (subsequently assigned to Blaze Health, LLC), occupying 55% of the space and recently renewing their lease for five years. The property's diverse tenant mix includes medical, retail, dining, and professional services, creating a synergistic environment. Situated in a high-density area serving over 150,000 people within a three-mile radius, the Camden Center benefits from excellent visibility at the signalized intersection of Lyndale Ave N and Webber Parkway, and convenient access to Interstate 94 (106,000+ vehicles per day), just three miles from downtown Minneapolis. This well-maintained property offers significant value below replacement cost and presents a value-add opportunity through potential rent increases. The Hennepin County property (APN: 04-029-24-11-0111) offers a stable cash flow and strong potential for future appreciation. This is a rare chance to acquire a well-located, infill retail center in a thriving Minneapolis neighborhood.

Highlights

  • 14,432 SF medical office building with 100% occupancy.
  • 55% leased to Blaze Health, LLC (formerly North Memorial), with a recent 5-year lease renewal.
  • High-density location, serving over 150,000 people within a 3-mile radius, near I-94.
  • Priced below replacement cost, offering a value-add opportunity through potential rent increases.
  • Strong cash flow and significant upside potential in a thriving Minneapolis neighborhood.

Property Details for 4201 Webber Pkwy

Property type
Retail properties, Office properties
Square Feet
14,432 SF
Year Built
1997
Buildings
1

Location Insight

City
Minneapolis
County
Hennepin
State
Minnesota
Latitude
45.0317397
Longitude
-93.2885155
4201 Webber Pkwy, Minneapolis, Minnesota

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4201 Webber Pkwy
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