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1987 Scott Rd NW 28,093 SF Retail Building Rochester, MN 55901 $7,742,000 ($275.58/SF) 6.35% Cap Rate
Investment Highlights
- 9+ Years Remaining | Corporate Signature | Option To Extend
- Across From Costco | Dense Retail Corridor | High Traffic Area
- NNN Lease | Fee Simple Ownership | Minimal Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
Executive Summary
Located at the signalized intersection of 19th Street NW and Scott Road NW, the property benefits from excellent visibility and traffic counts exceeding 15,100 vehicles per day, with nearby access to W Circle Drive NW and Highway 14. The surrounding trade area boasts dense retail synergy, including major retailers like Costco, ALDI, and McDonald’s, enhancing the property’s customer base. Fee-simple ownership further strengthens its position as a low-management investment in a growing market.
Property Facts
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Retailer
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- -
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Lorem Ipsum
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Jan 0000
Goodwill Industries International is a nonprofit organization that provides employment support, job training, and community-based programs to individuals facing barriers to work. Founded in 1902 by Reverend Edgar J. Helms in Boston, the organization began by collecting donated household goods and clothing to repair and distribute while offering work opportunities to individuals in need. Today, Goodwill Industries International serves as the central coordinating body for a network of autonomous local Goodwill agencies across the United States, Canada, and several other countries. The organization oversees mission support, strategic planning, and national initiatives designed to expand workforce training and economic mobility. Goodwill’s services include career counseling, skills education, and placement assistance for job seekers such as veterans, people with disabilities, and individuals with limited work experience.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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Retailer | - | - | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 74.28.22.081985 | Improvements Assessment | $2,445,500 |
| Land Assessment | $1,737,500 | Total Assessment | $4,183,000 |
Property Taxes
Presented by
1987 Scott Rd NW
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