819 Frontage Rd - Retail FOR SALE


Byron, MN 55920
$1,669,331 USD
213-246-5124
819 Frontage Rd, Byron, MN for Sale
$1,669,331 USD
Retail - FOR SALE
1/7
null | 5.75% Cap Rate

819 Frontage Rd
Byron, MN 55920


HIGHLIGHTS

  • Investment Grade Credit (S&P: BBB)
  • Explosive Rochester MSA Growth
  • Critical Highway Visibility
  • Amazon-Resistant “Need-It-Now” Retail
  • 2023 Build-to-Suit Construction

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,669,331 USD

PRICE/SF

$228 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

O'Reilly Auto Parts

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

40,946 SF

ZONING

-

APN/PARCEL ID

75.33.23.069464

ASK ABOUT THIS PROPERTY

Simon LewisNorthmarqMore Info
213-246-5124

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Simon LewisNorthmarqMore Info
213-246-5124

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