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- LoopNet Team
3708 N Broadway
Rochester, MN 55906
Rochester North Shopko · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Bus Line
- Property Manager on Site
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Air Conditioning
ABOUT 3708 N BROADWAY , ROCHESTER, MN 55906
Desirable investment opportunity in this excellent southern Minnesota community. Located in a bustling commercial area with established surrounding retail. This net leased offering presents a full-line Shopko with 90,499 SF. Tenant is paying affordable rent here as well, giving the landlord added protection and an attractive buy-in number. This is also one of Shopko' s 127 stores that incorporated a Shopko Pantry, adding additional grocery aisles. Rochester is located on the Zumbro Rivers south fork and is Minnesota's third largest city and the largest city located outside of the Minneapolis-St. Paul-Bloomington Metropolitan Statistical Area. It is the home of Mayo Clinic and one of IBM's largest facilities. This absolute NNN lease has no landlord responsibilities. Having an aggressive cap rate, coupled with excellent underlying real estate, this is an investment worth considering!
PROPERTY TAXES
| Parcel Number | 74.24.24.075073 | Improvements Assessment | $8,555,300 |
| Land Assessment | $2,375,600 | Total Assessment | $10,930,900 |
PROPERTY TAXES
