300 Catlin St

For Sale

300 Catlin St, Buffalo, MN 55313

This Buffalo property for sale is located at 300 Catlin St. The general use of 300 Catlin St is healthcare and it incorporates 12,251 square feet of class C healthcare space. The current listed sale price for 300 Catlin St is $2,525,000. 300 Catlin St is situated on a lot that is 0.94 acre in size.

Contacts

broker
Michael Stoffel

Matthews Real Estate Investment Services

broker
Jacob Friedman

Matthews Real Estate Investment Services

Property Details

  • Property Type Healthcare
  • Property Size 12,251 SF
  • Lot Size 0.94 Acre
  • Cap Rate % 7.75
  • NOI / YR $195,611.00
  • Additional Rent Contact for pricing
  • Building Class C
  • Year Built 1999
  • Date Updated May 23, 2024
  • Investment Grade Tenants: Allina Health, NovaCare, Adapt Health, and Rebound Orthotics are highly reputable and recognized tenants at the regional and national levels.
  • Long-Term Tenants: All the tenants have occupied the building for extensive periods of time, showing their viability for the space.
  • Synergistic Tenant Mix: Tenant synergy maximizes sales traffic and revenue for each tenant, leading to long-term occupancy.
  • Medical Corridor: The immediate area hosts numerous medical practices from private to national healthcare systems.
  • Proximity to Hospital: Notably the building is located across the street from the Allina Health Buffalo Hospital Campus.
  • Minimal Landlord Responsibilities: The tenants are on NNN leases, allowing an investor to acquire a passive opportunity.
  • Staggered Leases: Short-term leases allow an investor flexibility and the ability to add building value.
  • Priced Below Replacement Cost: Buying below replacement cost provides an investor a high margin of safety.
  • Well Maintained Building: The property has been well maintained over the years and is continuously renovated as needed.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 38/100

    Walk Score ®

  • 36/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Buffalo, MN
  • Neighborhood Buffalo
  • Zip Code 55313
  • Market Minneapolis St Paul

Points of Interest

  • BP

    0.40 miles

  • Coborn's Express

    1.18 miles

  • Speedway

    1.81 miles

  • Kwik Trip

    2.87 miles

  • Marathon

    2.89 miles

  • Holiday

    8.29 miles

  • Casey's General Store

    9.01 miles

  • Parking Lot, Maple Lake WMA

    6.64 miles

  • Hwy 25 & School Blvd

    7.06 miles

  • Parking Lot, Malardi Lake WMA

    7.68 miles

  • Parking Lot, Kelly-meyer WMA

    8.44 miles

  • Parking Lot, Corinna WMA

    8.53 miles

  • Parking Lot, Woodland WMA

    9.33 miles

  • Parking Lot, Swartout WMA

    9.38 miles

  • Country Inn & Suites

    1.59 miles

  • Budget Host Inn

    1.86 miles

  • Super 8 by Wyndham Monticello

    7.86 miles

  • Best Western Plus Chelsea Hotel

    7.88 miles

  • Days Inn by Wyndham Monticello

    7.95 miles

  • AmericInn Motel - Monticello

    8.21 miles

  • Walmart Supercenter

    0.38 miles

  • Coborn's

    1.20 miles

  • Silver Creek Cabin

    1.46 miles

  • Lakeview Mall

    1.50 miles

  • Cub Foods

    1.71 miles

  • Target

    2.11 miles

  • ALDI

    7.31 miles

  • Fleet Farm

    8.01 miles

  • Runnings

    8.17 miles

  • Marshalls

    8.47 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact 300 Catlin St