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Broadway Commons 3 Retail Properties Offered at $7,246,154 in Rochester, MN
Investment Highlights
- Prime South Broadway Location surrounded National Brand Big Box stores with High Traffic and Visibility!
- Great Tenant Composition with increased revenue potential!
- One owner property that's well maintained with new parking lots, lighting and more.
Executive Summary
Don't miss this rare turn key opportunity to own a well maintained and highly visible retail portfolio that has been family owned since construction. Great tenant composition that includes national, regional and local brands. These properties have been meticulously maintained with yearly upkeep and upgrades that include complete replacement of all parking lots, upgraded LED lighting, annual painting and roof inspections. Lease tenures vary with all tenants having renewal windows with rent increases. CAM charges have been controlled and are below market rate for same type properties. Call today to discuss this unique one owner portfolio today!
Property Facts
| Price | $7,246,154 | Status | Active |
| Price / SF | $299.43 / SF | Number of Properties | 3 |
| Sale Condition | 1031 Exchange | Individually For Sale | 0 |
| Cap Rate | 6.50% | Total Building Size | 24,200 SF |
| Sale Type | Investment NNN | Total Land Area | 2.77 AC |
| Price | $7,246,154 |
| Price / SF | $299.43 / SF |
| Sale Condition | 1031 Exchange |
| Cap Rate | 6.50% |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 24,200 SF |
| Total Land Area | 2.77 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 2650 S Broadway, Rochester, MN 55904 | Retail | 9,954 SF | 2002 | - |
|
Broadway Commons
2630 S Broadway, Rochester, MN 55904 |
Retail | 7,272 SF | 2002 | - |
| 2550 S Broadway, Rochester, MN 55904 | Retail | 6,974 SF | 2001 | - |
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Broadway Commons
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