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3780 Market Place Dr NW 21,503 SF 100% Leased Retail Building Rochester, MN 55901 $9,100,000 ($423.20/SF) 6.92% Cap Rate
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
21,503 SF
Building Class
B
Year Built
2003
Price
$9,100,000
Price Per SF
$423.20
Cap Rate
6.92%
NOI
$629,720
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
2.73 AC
Zoning
Commercial - MX-G - Mixed Use General:
Parking
175 Spaces (8.14 Spaces per 1,000 SF Leased)
Frontage
334’ on Marketplace Dr NW
Amenities
- Dedicated Turn Lane
- Signage
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Nearby Major Retailers
Property Taxes
| Parcel Number | 74.21.11.060104 | Improvements Assessment | $5,697,200 |
| Land Assessment | $1,426,700 | Total Assessment | $7,123,900 |
Property Taxes
Parcel Number
74.21.11.060104
Land Assessment
$1,426,700
Improvements Assessment
$5,697,200
Total Assessment
$7,123,900
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3780 Market Place Dr NW
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