4100 Berkshire LnPlymouth, MN 55446

For Sale
$3,911,000
High-yield medical office, prime location

Overview

Added:
Dec 11, 2024
Days on market:
125
Exceptional investment opportunity in Plymouth, MN, this 23,769 square foot medical office building boasts a strong 8.00% cap rate and a substantial net operating income (NOI) of $312,875. Built in 1988 and extensively renovated in 2023, the property sits on a 1.59-acre lot and offers 87 parking spaces. Its prime location near Rockford Road and Interstate 494 ensures easy accessibility within the Minneapolis metro area, a thriving market with a GDP approaching $300 billion and a low unemployment rate. The surrounding area features a robust trade area with numerous restaurants and retail stores, providing ample amenities for patients and staff. The building's high visibility and location in a desirable suburb contribute to its strong tenant base and potential for future growth. The asking price is $3,911,000. This represents a rare opportunity to acquire a stable, high-performing medical office building in a dynamic and growing market. The property benefits from its proximity to a strong residential area and a highly trafficked location, ensuring consistent patient flow and high visibility. This is an ideal investment for those seeking a stable, high-return asset in a desirable location.

Highlights

  • UnitedHealth Group subsidiary.
  • Established in 2011.
  • $226 Billion in 2023 revenue.
  • Serves over 101 million individuals.
  • 2,200+ healthcare locations.
  • High visibility.

Property Details for 4100 Berkshire Ln

Property type
Office properties, Medical offices
Square Feet
23,769 SF
Year Built/Renovated
1988/2023
Lot Size (sq. ft)
69,260 SF

Location Insight

City
Plymouth
County
Hennepin
State
Minnesota
Latitude
45.0295529
Longitude
-93.4564675
4100 Berkshire Ln, Plymouth, Minnesota

FAQs

What type of property is this?
Office property - High-yield medical office, prime location
Where is the office property located?
The property is located at 4100 Berkshire Ln Plymouth, MN.
What is the asking price?
The asking price for this property is $3,911,000.
What are key features of this property?
This property features: UnitedHealth Group subsidiary.; Established in 2011.; $226 Billion in 2023 revenue.
How can I contact the broker?
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4100 Berkshire Ln
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