Investment Overview

Marcus & Millichap is pleased to present this outstanding Great Harvest location for sale. According to Placer.ai this Great Harvest location performs well as the top location in Minnesota and well above average nationally. Rochester, Minnesota is home to the world headquarters of Mayo Clinic, ranked as the #1 hospital in the world by Newsweek announced in March of 2023. The subject property is strategically located on a signalized hard-corner right on Broadway Avenue. The intersection features an estimated 28,000+ vehicles per day. In addition, there has been an abundance of redevelopment projects in immediate proximity to this property, providing substantial potential upside for the future. The city of Rochester has invested several millions of dollars into redeveloping the streets for the North Broadway Avenue corridor. The lease is structured with very passive income with the landlord responsible for structure only. The tenant is responsible for roof, parking lot, HVAC, etc. The lease provides for 3% annual rent increases starting July 1st, 2025, while the lease expires in 2034. The passive nature of the lease and strength of location provide a great opportunity for savvy investors.