News Release: Just Sold: Mercy Healthcare Center | Coon Rapids, MN

Colliers U.S. Healthcare Capital Markets is pleased to announce the successful closing of Mercy Healthcare Center, a four-story, 92,504-square-foot medical outpatient building located on-campus of the 479-bed Allina Health Mercy Hospital in Coon Rapids, Minnesota, which Allina Health designated in 2024 as its regional hub for surgical and complex care.

Mercy Healthcare Center features a strong, diversified tenant mix anchored by Allina Health (Moody’s: A1), which leases approximately 50% of the property, alongside DaVita (Moody’s: Ba2) and several leading regional physician groups.  The Property offers a complementary array of outpatient specialties including nephrology, ENT, urology, orthotics and prosthetics, dentistry and orthodontics, pediatric rehabilitation, OB-GYN, and occupational health, creating a robust healthcare environment.