612-799-9871
, Rochester, MN for Sale
FOR SALE
1/13
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Rochester Med-Tech Portfolio
Rochester, MN
Historic Southwest


HIGHLIGHTS

  • Durable In-Place Income with Strong Mark-to-Market
  • Rochester, Minnesota – Best City for Growth
  • Medical & Construction Related Tenancy
  • Highway Visibility & Retail Amenities
  • Zero Competitive New Construction

OVERVIEW

Colliers, as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee-simple ownership in the Rochester Med-Tech Portfolio (the “Portfolio”) located at 3555 9th Street Northwest and 3701 40th Avenue Northwest in Rochester, Minnesota. The Portfolio offers qualified investors the opportunity to acquire a durable existing cash stream with strong rent growth potential. Built in 1997 & 2018 respectively, the Portfolio is comprised of two institutional quality Med-Tech properties totalling 63,543 square feet, and is collectively 92% occupied by a variety of high quality tenants. The Portfolio also features 17’-20’ clear heights, highway frontage, 3 dock doors, 5 drive-in doors, 2 glassed-over doors that could be reconverted to loading, and each property has a 4.0/1,000 square foot parking ratio. Located in Rochester, Minnesota – the Portfolio shares a home with the Mayo Clinic’s Destination Medical Center, the largest and most prestigious healthcare system in the world, and enjoys frontage on Highway 14, CH-22, and access to Highway 52. The Portfolio is well positioned to retain its existing tenancy and attract new occupants should the need arise.

ASK ABOUT THIS PROPERTY

Peter LoehrerColliersMore Info
612-799-9871

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Peter LoehrerColliersMore Info
612-799-9871

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