4144 W Frontage Rd NW - Freestanding FOR SALE


Rochester, MN 55901- North Rochester
$2,600,000 USD
507-951-2960
4144 W Frontage Rd NW, Rochester, MN for Sale
$2,600,000 USD
Freestanding - FOR SALE
1/1
null | 7.84% Cap Rate

4144 W Frontage Rd NW
Rochester, MN 55901
North Rochester


HIGHLIGHTS

  • Short Term Sale Leaseback With Repositioning Opportunity
  • Premium Location with 7,198 SF Building on 1.59 Acres
  • Tenant Will Sign A 2-Year Sale-Leaseback at Close of Escrow, But Is Also Willing to Vacate Sooner
  • Direct Visibility to Daily Traffic of Over 56,000 cars Per day
  • Strategic Location in Dominant Retail Corridor Adjacent to Target, Home Depot, Hobby Lobby, Best Buy & Many Other National Retailers
  • Superior Demographics With Average Household Income Exceeding $116,000 Within Five miles

OVERVIEW

Marcus & Millichap is pleased to present the Broadway Pizza property in Rochester, Minnesota for sale. This is a rare opportunity to acquire a high-visibility commercial property in one of Rochester’s most active and sought-after retail corridors. The property is being offered as a short term income-producing opportunity providing ample time to provide a long-term replacement for the tenant. The site includes 7,198 square foot freestanding building on a generous 1.59-acre parcel. Located directly adjacent to major national retailers including Target, Home Depot, Chipotle, Best Buy, Taco Bell, Hobby Lobby and many others, the property sits at the core of one of Rochester's dominant retail hubs. Strategically positioned along Highway 52 North, the property benefits from direct visibility to over 56,000 vehicles per day, ensuring exceptional exposure and accessibility. Tenants in the area benefit from strong demographics with a population exceeding 100,000 and an average household income of over $116,000.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$361 USD /SF

CAP RATE

7.84%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Broadway Pizza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

103

LAND DETAILS

LAND ACRES

1.59 AC

LAND SF

69,260 SF

ZONING

-

APN/PARCEL ID

74.16.44.054600

ASK ABOUT THIS PROPERTY

Tom GommelsMarcus & MillichapMore Info
507-951-2960

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Tom GommelsMarcus & MillichapMore Info
507-951-2960

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