For Sale: Eagan MLS# 7011818
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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.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$2,275,000
Property Type:
Commercial
City:
Eagan
Garage Spaces:
0
County:
Dakota
Year Built:
2005
State:
MN
Property Style:
2 Stories
Zip Code:
55121
Subdivision Name:
Birchwood Office Park
Interior
Bedrooms:
0
Bathrooms:
0
Exterior
Stories:
Two
Garage Spaces:
0
Garage Dimensions:
0
Garage Door Height:
0
Garage Door Width:
0
Air Conditioning:
Central Air
Foundation Size:
4,096 ft2
Handicap Accessible:
Doors 36"+, Fully Wheelchair, Hallways 42"+, Wheelchair Ramp(s)
Heating System:
- Forced Air
- Zoned
Parking Features:
- Asphalt
- Parking Lot
- Paved Lot
Lot & Land
Acres:
1.142
Geolocation:
44.835755, -93.164
Inclusions:
Building, Leases
Lot Dimensions:
Irregular
Zoning:
Business/Commercial
Schools
School District:
951
District Phone:
6514037002
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$35,260
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$35,260
Units
Total Units:
3
Miscellaneous
Current Use:
- Commercial
- Office
- Professional Service
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
- Hot Water Common
Water System:
City Water - In Street
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Norton Realty, Inc.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.