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4700 N Lexington Ave N
Shoreview, MN 55126

$3,150,000 USD

Office For Sale  •  15,497 SF

Property Details

• Property Type Office
• Total Building Size 15,497 SF
• Lot Size 4.7 AC
• Building Class C
• Year Built 2003
• Tenancy Multiple

25 Transit Score

50 Walk Score

Highlights

NNN LEASE STRUCTURE | MINIMAL LANDLORD RESPONSIBILITIES | The NNN lease structure offers a passive investment opportunity for both local and national.

STRONG TENANT FINANCIALS | Dentists typically maintain solid revenue due to routine patient visits and insurance-backed income.

FUTURE RENT UPSIDE | Opportunity to increase lower level rate, which significantly enhances property income and value.

FAVORABLE HISTORICAL OCCUPANCY | The dental practice has occupied this location for decades, demonstrating the success of the current property use.

BUILT-IN EXIT STRATEGY | Once lower level rents align with market rates, the property becomes a more attractive asset to future buyers.

HEALTHCARE REAL ESTATE | RECESSION RESISTANT PROPERTY | Dental practices are highly sought-after investments due to their resilience.

Amenities

• Bus Line
• Conferencing Facility
• Signage

Public Transportation

Commuter Rail	Drive	Walk	Distance
Fridley Station (Northstar Corridor - Northstar Commuter Rail)	13 min	-	8.1 mi
Airport	Drive	Walk	Distance
Minneapolis-St Paul International/Wold-Chamberlain	30 min	-	20.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	65
Type:	Surface
Included in Rent:	Yes