Net Lease W Minnesota

Upland Real Estate Group selling $8.2 million medical facility in Minnesota

  

Keith Sturm and Deborah Vannelli of Upland Real Estate Group are markting the Fairview Health Services property in North Branch, Minnesota. The property has an asking price of $8.267 million with a 5.56 percent CAP rate.

The clinic is located in an area with traffic counts that average nearly 21,000 vehicles a day. It is two blocks from Interstate-35. The net-lease investment property has 11 years remaining on the primary lease term and three five-year renewal options.