3993 Heritage Pl NW - Office FOR SALE


Rochester, MN 55901- North Rochester
$9,500,000 USD
507-251-7667
3993 Heritage Pl NW, Rochester, MN for Sale
$9,500,000 USD
Office - FOR SALE
1/4
null | Request Cap Rate

3993 Heritage Pl NW
Rochester, MN 55901
North Rochester


OVERVIEW

Established Tenant: Charter Communications has occupied the building since 2009 Long-Term Stability: Tenant did not exercise the early termination option prior to 3/1/26, demonstrating commitment to the location Future Upside: Two (2) additional 5-year renewal options with predetermined rental increases Market Consolidation: Other Charter locations in Rochester have been consolidated into this site, making it the company’s only Rochester location Building Characteristics: 31,920 square feet, with approximately 6,000 square feet dedicated to warehouse space and the remaining 25,920 square feet designed for office use

FOR SALE DETAILS

PRICE

$9,500,000 USD

PRICE/SF

$298 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.14 AC

LAND SF

93,188 SF

ZONING

-

APN/PARCEL ID

74.29.14.079005

ASK ABOUT THIS PROPERTY

Chad BehnkenCore Real Estate GroupMore Info
507-251-7667

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Chad BehnkenCore Real Estate GroupMore Info
507-251-7667

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