221 28th St SE - Storefront FOR SALE


Rochester, MN 55904- East Rochester
$3,350,000 USD
952-607-7886
221 28th St SE, Rochester, MN for Sale
$3,350,000 USD
Storefront - FOR SALE
1/4
null | 7.73% Cap Rate

221 28th St SE
Rochester, MN 55904
East Rochester


HIGHLIGHTS

  • True NNN Lease Structure
  • Prime location next to traffic generating anchors like Total Wine, Walmart, and Kohl's
  • Pylon Signage with Visibility from stoplight intersection on South Broadway

OVERVIEW

Broadway Marketplace presents a rare chance to acquire a multi-tenant NNN retail asset positioned within one of Rochester’s most established and high-performing commercial corridors, Broadway Commons. Located just off the heavily trafficked South Broadway/Highway 63 interchange, the property benefits from exceptional visibility, consistent daily traffic counts, and direct adjacency to major national anchors including Walmart, Kohl’s, Menards, At Home, Total Wine, and Culver’s. This presents a great opportunity for an owner user, or investor, to make this property their own. Contact us for further information.

FOR SALE DETAILS

PRICE

$3,350,000 USD

PRICE/SF

$314 USD /SF

CAP RATE

7.73%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Broadway Marketplace

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,683 SF

ZONING

MXG

APN/PARCEL ID

64.14.44.079069

ASK ABOUT THIS PROPERTY

Jeff BrownNorth Rock Real Estate, LLCMore Info
952-607-7886

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Jeff BrownNorth Rock Real Estate, LLCMore Info
952-607-7886

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