Shopping Strip
Target Shadow Retail Strip | Drive-Thru Access
3801 Marketplace Dr NW, Rochester, MN 55901
Listing Price: $5,550,000
Investment Overview
Pristine Facility with Drive-Thru Access - Built in 2018 | No Immediate CapEx Required Directly Across the Street From IBM Rochester HQ - Occupies 3.6 Million SQFT | 4,400+ Employees Strong Demographics within a Five-Mile Radius - Over 102,000+ Residents | Steady Population Growth Excellent Visibility with Highway Frontage - Close Proximity to US Hwy 52 (50,000+ VPD)
Target Shadow Retail Strip | Drive-Thru Access
Investment Highlights
- NNN Leases with Local/National Recognized Tenants - Offers Passive Ownership and Stable Cash Flow
- Multiple Rental Increases Coming in 2023 - Spectrum 8.12% Aug. 2023 | Leeann Chin 10% Mar. 2023
- Strategically Located on a Target Out Parcel - Other Major Retailers Include Home Depot, PetSmart
Shopping Strip
Target Shadow Retail Strip | Drive-Thru Access
Listing Price: $5,550,000
Investment Highlights
- NNN Leases with Local/National Recognized Tenants - Offers Passive Ownership and Stable Cash Flow
- Multiple Rental Increases Coming in 2023 - Spectrum 8.12% Aug. 2023 | Leeann Chin 10% Mar. 2023
- Strategically Located on a Target Out Parcel - Other Major Retailers Include Home Depot, PetSmart
Investment Overview
Pristine Facility with Drive-Thru Access - Built in 2018 | No Immediate CapEx Required Directly Across the Street From IBM Rochester HQ - Occupies 3.6 Million SQFT | 4,400+ Employees Strong Demographics within a Five-Mile Radius - Over 102,000+ Residents | Steady Population Growth Excellent Visibility with Highway Frontage - Close Proximity to US Hwy 52 (50,000+ VPD)
