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Listing Details
- $2,000,000
- MLS# 7102045
- Type Commercial - Business
- Status Contingent
Listed By
Agency Name: Realty Growth Management Inc.
Agency Phone: 507-322-6677
Shown By
Agent Name: Sean Kiernan
Agent Phone: (701) 960-8965
Agency Title: Town & Country Realty
Home Value Estimate
Description
Realty Growth Inc. is pleased to present the exclusive opportunity to acquire Broadway Corner Plaza, a premier 100% occupied, 7,626-square-foot retail strip center located in the high-growth commercial corridor of South Rochester, Minnesota.?Priced at $2,000,000, this asset offers an incoming investor immediate stability paired with an attractive 6.45% entry Cap Rate. The property features a strong mix of internet-resistant retail, medical, and dining tenants on a stable lease structure where operational inflation is heavily mitigated through consistent CAM pass-throughs.
Features
- Heating: Forced Air
- Taxes: $49,770
- Water: City Water/Connected
- Year Built: 2007
Gallery
Listed By
Agency Name: Realty Growth Management Inc.
Agency Phone: 507-322-6677
Shown By
Agent Name: Sean Kiernan
Agent Phone: (701) 960-8965
Agency Title: Town & Country Realty
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