Northmarq is pleased to present the opportunity to acquire a premier net lease retail investment located at 819 Frontage Rd NE in Byron, MN. This 2023 build-to-suit facility is
tenanted by O'Reilly Auto Parts, offering a secure income stream backed by an investment grade corporate credit rating (S&P: BBB). With almost 12 years of firm lease term
remaining, this property represents the latest prototypical design of a dominant national retailer and is strategically positioned to capture the rapid growth of the surrounding
submarket.
The Byron asset is situated in an affluent and expanding bedroom community within the Rochester MSA, which is anchored by the world renowned Mayo Clinic. Located with
direct frontage along US Highway 14, the property benefits from exceptional visibility and a demographic profile characterized by household incomes exceeding $124,000 and
significant vehicle dependency. This location serves as a critical retail hub for a growing population, ensuring long term demand and consistent foot traffic in a recession resilient retail sector. Please contact the listing brokers for more information.