1987 Scott Rd NW - Freestanding FOR SALE


Rochester, MN 55901- North Rochester
$7,742,000 USD
248-688-0631
1987 Scott Rd NW, Rochester, MN for Sale
$7,742,000 USD
Freestanding - FOR SALE
1/6
null | 6.35% Cap Rate

1987 Scott Rd NW
Rochester, MN 55901
North Rochester


HIGHLIGHTS

  • 9+ Years Remaining | Corporate Signature | Option To Extend
  • NNN Lease | Fee Simple Ownership | Minimal Landlord Responsibilities
  • Across From Costco | Dense Retail Corridor | High Traffic Area
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

This single-tenant retail property in Rochester, MN presents a secure, income-generating opportunity for investors. The asset features a long-term, corporate-signed NNN lease with Goodwill Industries, offering minimal landlord responsibilities and consistent cash flow. With over nine years remaining on the lease and an option to extend, this property provides strong stability. 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.

FOR SALE DETAILS

PRICE

$7,742,000 USD

PRICE/SF

$276 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

133

LAND DETAILS

LAND ACRES

2.85 AC

LAND SF

124,146 SF

ZONING

LI

APN/PARCEL ID

74.28.22.081985

ASK ABOUT THIS PROPERTY

Frank RogersSRS Real Estate PartnersMore Info
248-688-0631

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Frank RogersSRS Real Estate PartnersMore Info
248-688-0631

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.