Overview
Transwestern Capital Markets & Asset Strategies is pleased to offer the fee-simple interest in Elm Creek Medical Plaza, a fully occupied medical office building strategically positioned in the City of Maple Grove. Following a comprehensive repositioning, the property has been primarily converted to medical office use and is now anchored by Children's Minnesota, iSpine, and Edina Realty. The property has benefited from strong tenant demand driven by Maple Grove's rapidly expanding healthcare ecosystem.
Investment Highlights
Fully Repositioned, 100% Leased Medical Office Asset
Elm Creek Medical Plaza has been primarily converted to medical office use and is 100% leased, delivering immediate, stabilized cash flow with minimal lease-up risk to a new owner.
Anchored by an Investment-Grade Credit Tenant
Children's Minnesota (12,942 SF), one of the largest independent pediatric health systems in the United States, carries an AA rating from Fitch and AA- from S&P Global, both with stable outlooks. Few medical office buildings in the Twin Cities can point to a rated, investment-grade anchor tenant, giving this rent roll a rare institutionalquality credit profile.
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