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102 20th Street Se
Rochester, MN 55904

$2,000,000

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Listing Details

  • $2,000,000
  • MLS# 7102045
  • Type Commercial - Business
  • Status Active
  • 0.508 acres
    Lot Size
  • 2007
    Year Built
  • Rochester
    Local Schools

Listed By

Agency Name: Realty Growth Management Inc.
Agency Phone: 507-322-6677

Shown By

Agency Title: Town & Country Realty
Agency Phone: (701) 293-3333

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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

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