221 2nd Ave SW - Medical FOR SALE
Byron, MN 55920 |
221 2nd Ave SW
Byron, MN 55920
HIGHLIGHTS
- Sale Leaseback; Tenant will sign a brand-new long-term lease upon closing
- 2% annual increases to hedge against inflation
- Successful operator with extensive expansion plans over the next 12-24 months
- Located in an affluent suburb of Rochester with household incomes of nearly $100,000
- Significant population growth of 28% over the last 10 years which is well above the national average
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
18030
STORIES
1
BUILDING CLASS
C
YEAR BUILT
1996
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.36 AC AC
LAND SF
59,285 SF
ZONING
-
APN/PARCEL ID
75.32.31.079023
