300 Catlin St | Buffalo, MN 55313
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- LoopNet Team
300 Catlin St
Buffalo, MN 55313
Excel Physical Therapy Building · Office Property For Sale
Investment Highlights
- Investment Grade Tenants: Allina Health, NovaCare, Adapt Health, and Rebound Orthotics are highly reputable and recognized tenants
- Synergistic Tenant Mix: Tenant synergy maximizes sales traffic and revenue for each tenant, leading to long-term occupancy.
- Proximity to Hospital: Notably the building is located across the street from the Allina Health Buffalo Hospital Campus.
- Long-Term Tenants: All the tenants have occupied the building for extensive periods of time, showing their viability for the space.
- Medical Corridor: The immediate area hosts numerous medical practices from private to national healthcare systems.
- Minimal Landlord Responsibilities: The tenants are on NNN leases, allowing an investor to acquire a passive opportunity.
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
11,326 SF
Building Class
C
Year Built
1999
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
11,326 SF
Building FAR
0.57
Lot Size
0.46 AC
Zoning
B-2
Parking
50 Spaces (4.41 Spaces per 1,000 SF Leased)
Amenities
- Signage
PROPERTY TAXES
| Parcel Number | 103-071-003010 | Improvements Assessment | $1,191,800 |
| Land Assessment | $248,800 | Total Assessment | $1,440,600 |
PROPERTY TAXES
Parcel Number
103-071-003010
Land Assessment
$248,800
Improvements Assessment
$1,191,800
Total Assessment
$1,440,600
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