80 14th St SW - Drug Store FOR SALE


Rochester, MN 55902- Historic Southwest
$5,573,000 USD
248-688-0631
80 14th St SW, Rochester, MN for Sale
$5,573,000 USD
Drug Store - FOR SALE
1/7
null | 7% Cap Rate

80 14th St SW
Rochester, MN 55902
Historic Southwest


HIGHLIGHTS

  • 8 Years Remaining | Corporate Signature | Options To Extend
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Crossroads Center | Apache Mall | Dense Retail Corridor
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

• The subject property is located directly across from the Crossroads Center, which features tenants including ALDI, OfficeMax, Chick-fil-A, Chipotle, Outback Steakhouse, and many others • Located approximately 1 mile from Apache Mall, which includes national/credit tenants such as Scheel’s, Barnes & Noble, Macy’s, JCPenney, Starbucks, Firestone, Red Lobster, and more • The asset is located in the center of a primary retail corridor with other national/credit tenants including a Walmart Supercenter, Hy-Vee, Ulta, Kohl’s, McDonald’s, Dave’s Hot Chicken, and others • Strong tenant synergy promotes crossover shopping to the subject property

FOR SALE DETAILS

PRICE

$5,573,000 USD

PRICE/SF

$385 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

59

LAND DETAILS

LAND ACRES

1.15 AC

LAND SF

50,094 SF

ZONING

MX-T

APN/PARCEL ID

64.11.13.078786

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.