2820 S Hwy 63 | Rochester, MN 55904
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- LoopNet Team
2820 S Hwy 63
Rochester, MN 55904
At Home · Retail Property For Sale
Investment Highlights
- This At Home investment property has a new 10 year NN lease with below market rents and rent increases every 5 years.
- Hellman & Friedman recently acquired At Home for $2.8 billion in July 2021.
- Rochester is home to the Mayo Clinic which is ranked #1 Best Hospital in the nation (U.S. News & World Report, 2021-2022).
- $3.5 million invested in the 2021 At Home conversion.
- At Home operates 235 stores in 40 states with year end January 30, 2021 revenues of $1.7 billion. At Home plans to open 15 stores in 2022.
- Strong demographics within a 5-mile radius with a population of 86,469 and average household income exceeding $104,200.
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
90,432 SF
Building Class
C
Year Built/Renovated
1982/2021
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
8.70 AC
Zoning
Commercial
Amenities
- Signage
Property Taxes
| Parcel Numbers | Improvements Assessment | $3,689,100 | |
| Land Assessment | $2,657,500 | Total Assessment | $6,346,600 |
Property Taxes
Parcel Numbers
Land Assessment
$2,657,500
Improvements Assessment
$3,689,100
Total Assessment
$6,346,600
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