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For Sale: Premier Turn Key Office Building 1696 Greenview Dr SW 20,293 SF 100% Leased Office Building Rochester, MN 55902 $3,500,000 ($172.47/SF)



INVESTMENT HIGHLIGHTS
- Turn Key Office Space
- Large Parking Lot
- Washer and Dryer
- Lots of Natural Light
- Pylon Signage on Hwy 52; Monument Signage
- Breakroom
EXECUTIVE SUMMARY
This is a rare opportunity to acquire a high-quality, turn-key office building in the thriving city of Rochester, Minnesota. Conveniently located just minutes from downtown and major arterial routes, 1696 Greenview Drive SW is a well-maintained, professional property ideal for investors or owner-users alike.
Key Features:
Tenancy: Two established tenants in place. Remaining space is vacant and ready for immediate occupancy.
Turn-Key Condition: Fully built-out offices with modern finishes.
Flexible layout: Ideal for medical, professional, or general office use.
Parking: Large on-site parking areas for tenants and visitors.
Location Highlights:
-Minutes from Downtown Rochester
-Proximity to Mayo Clinic, commercial centers, and residential neighborhoods.
-Easy access to major highways and public transit
Investment Highlights:
-Income-producing with in-place leases
-Upside potential through lease-up of the vacant space
-Ideal 1031 exchange candidate or owner/user opportunity
Key Features:
Tenancy: Two established tenants in place. Remaining space is vacant and ready for immediate occupancy.
Turn-Key Condition: Fully built-out offices with modern finishes.
Flexible layout: Ideal for medical, professional, or general office use.
Parking: Large on-site parking areas for tenants and visitors.
Location Highlights:
-Minutes from Downtown Rochester
-Proximity to Mayo Clinic, commercial centers, and residential neighborhoods.
-Easy access to major highways and public transit
Investment Highlights:
-Income-producing with in-place leases
-Upside potential through lease-up of the vacant space
-Ideal 1031 exchange candidate or owner/user opportunity
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
20,293 SF
Building Class
B
Year Built
1989
Price
$3,500,000
Price Per SF
$172.47
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
20,293 SF
Building FAR
0.21
Lot Size
2.19 AC
1 1
PROPERTY TAXES
| Parcel Number | 64.10.42.049648 | Improvements Assessment | $1,918,300 |
| Land Assessment | $1,146,200 | Total Assessment | $3,064,500 |
PROPERTY TAXES
Parcel Number
64.10.42.049648
Land Assessment
$1,146,200
Improvements Assessment
$1,918,300
Total Assessment
$3,064,500
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For Sale: Premier Turn Key Office Building | 1696 Greenview Dr SW
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