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Six practices, one brokerage. Occupiers on one side, owners and investors on the other.

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  3. Bassett Creek Medical Office, Suite 210

Bassett Creek Medical Office, Suite 210

6100 Golden Valley Road, Golden Valley, MN

  • Medical office
  • Available
  • West End and Golden Valley

Twelve exam rooms already built, plumbed and vented, on a full service gross structure with a 5.6 per thousand parking ratio.

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Low rise medical office building with a landscaped entry

The specification

Available area
9,100 SF
Divisible to
4,400 SF
Base rate
$27.75 per SF per year
Lease structure
Full service gross
Available
1 January 2027
Term sought
7 years
Load factor
1.18
Parking
5.6 stalls per 1,000 RSF, surface and covered

About the space

Suite 210 was built for a multi-specialty group in 2019 and left with twelve exam rooms, two procedure rooms, a nurse station, a lab draw alcove and a waiting room for 22. Exam room infill costs 180 to 240 dollars per square foot in this market, so inheriting it is the difference between opening in four months and opening in eleven.

The quote is full service gross at 27.75, meaning the base rent covers taxes, insurance, common area maintenance, janitorial and building utilities. Medical users typically pay a premium above general office on a full service basis because of after hours HVAC and higher janitorial frequency, both of which are inside this number up to the building standard.

Parking at 5.6 per thousand is the other reason medical works here. General office buildings in the corridor run 3.5 to 4.0, which is not enough for a practice seeing patients on the hour.

Sample This building, its specification and its pricing are illustrative samples created for a demonstration website. Nothing here is an offer to lease.

Model this space

Operating expenses are escalated at 3 percent a year, the usual planning assumption for a triple net building. Free rent abates base rent only, which is how most Twin Cities leases are written.

Year one gross occupancy cost

$476,238

$39,687 a month across 66 people

Gross rate, year one
$33.35 per RSF
Cost per employee, year one
$7,216
Free rent value
$139,230
Improvement allowance value
$642,600
Net effective rate over the term
$13.36 per RSF
Total obligation over the term
$2,851,244

Sample An estimate for comparison between proposals, not a quote. It ignores parking, after hours HVAC, percentage rent and any cost your own build-out carries beyond the allowance.

Full calculator and worked example

Similar space

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Shops at West End, Pad C

1621 West End Boulevard, St. Louis Park

  • New to market
Size
4,850 SF
Base rate
$32.00
Gross
$46.20

An endcap with 88 feet of frontage, a grease interceptor already in place and a patio easement on the south elevation.

Space detail
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Tour this space

Ask Priya for the floor plan, the operating expense history and a walk-through. Call (612) 555-0189 or send the requirement over.

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