Hwy 63 S, 2900 Frontage Rd - Retail FOR SALE
Rochester, MN 55904 |
Hwy 63 S, 2900 Frontage Rd
Rochester, MN 55904
HIGHLIGHTS
- Sherwin Williams is an investment grade BBB S&P rated tenant with over 4,800 locations and revenues of $19.9 billion.
- Rochester is home to the Mayo Clinic which is ranked #1 Best Hospital in the nation (U.S. News & World Report, 2022-2023).
- Destination Medical Center, is a robust 20-year, $5.6 billion economic development initiative.
- Excellently located on the outlot to At Home near Menards, Wendy’s, Culvers, Michael’s, Petco, Bed Bath & Beyond, Walmart, DSW, Kohl’s, etc.
- Strong demographics with an average household income of $148,271 in a 1-mile radius and a population of 86,248 within a 5-mile radius.
- This Sherwin Williams is on a Double Net lease with 2 years and 9 months remaining.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Sherwin Williams
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
4000
STORIES
1
YEAR BUILT
2013
SPRINKLERS
-
PARKING SPACES
18
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
64.14.44.074720
