$2,075,000
MLS# 7011818
Status: Closed
8192 sqft
1 / 49
Property Description
Well-maintained medical / professional office building offering a 7.8% in-place cap rate with stable income, long-term anchor tenancy, and upside potential. Located in Eagan with excellent access to I-35E, strong visibility, and ample on-site parking. The property is 100% occupied by three tenants, anchored by Smile Doctors (dba Lakeside Orthodontics) on the upper level. Lower-level tenants include EveresT Men’s Health and a Farmers Insurance agent, providing near-term flexibility for renewal or re-tenanting. An attractive opportunity for investors seeking medical office exposure with in-place cash flow, expense protection, and value-add potential.
Details
Contract Information
Status: Closed
Off Market Date: 2026-05-26
Current Price: $2,075,000
Closed Date: 2026-07-02
Sales Close Price: 2075000
Contingency: None
ListPrice: 2275000
List Date: 2026-01-22
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 41
Owner Occupied: No
Waterfront YN: No
Year Built: 2005
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 4096
For Sale or Lease: For Sale
Acres: 1.14
Lot Dimensions: Irregular
Assessment Pending: No
Assessments
Tax With Assessments: 35260
Building Information
Building Finished SqFt: 8192
Building SqFt: 8192
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 23
Section#: 10
Township#: 27
Sale Options
Sale Includes: Building, Leases
Unit 1
Unit Number: 1
Level: Main Level
Unit Total SqFt: 5735
Leased?: Yes
Lease Expiration Date: 2029-11-08
Unit Details
Total Units: 3
Unit 2
Lease Expiration Date: 2026-09-30
Leased?: Yes
Level: Main Level
Unit Number: 2
Unit 3
Lease Expiration Date: 2026-01-22
Leased?: Yes
Level: Main Level
Unit Number: 3
Location Tax and Other Information
Postal City: Saint Paul
County: Dakota
State: MN
Zip Code: 55121
Complex/Dev/Subdivision: Birchwood Office Park
Property Features
Accessible: Doors 36"+; Fully Wheelchair; Hallways 42"+; Wheelchair Ramp
Air Conditioning: Central Air
CMU Style: Freestanding; Low Rise; Office
Construction Status: Previously Owned
Current Use: Commercial; Office; Professional Service
Exterior: Brick/Stone; Stucco
Financing Terms: Cash
Fuel: Natural Gas
Heating: Forced Air; Zoned
On Site Utilities: Electric Common; Heating Common; Hot Water Common
Parking Characteristics: Parking Lot; Paved Lot
Potential Use: Income; Office; Professional
Sewer: City Sewer/Connected
Stories: Two
Water: City Water - In Street
Listing Office: Norton Realty, Inc
Last Updated: August - 27 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
