3340 Sherman Court, Eagan
Office | 7.77% CAP | 8,192 SqFt
Marketing 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.
Investment highlights
7.8% in-place cap rate supported by long-term medical anchor tenancy, expense reimbursements, and stable cash flow.
Anchored by Smile Doctors (Lakeside Orthodontics) under a long-term lease through 2029 with annual rent escalations and renewal options.
100% occupied medical/professional office building with near-term value-add flexibility from smaller lower-level suites and strong access to I-35E.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
