Investment Real Estate For Sale in Prime Downtown Location
Retail | 6.50% CAP | 7,772 SqFt
Marketing description
The 7,772 Sq. Ft. commercial space has undergone a transformative $2.5 million renovation
Positioned in the heart of Downtown Rochester, offering strong foot traffic and a vibrant commercial environment
Current lease is an absolute triple-net, with zero landlord responsibilities, allowing for passive income and minimal management.
Investment highlights
PERSONAL GUARANTEE
The lease includes a personal guarantee from the tenant, offering added assurance and accountability for investors seeing long-term security.
ABSOLUTE NNN LEASE
The property is leased on an absolute triple-net basis, with zero landlord responsibilities, allowing for passive income and minimal management.
EXCELLENT DOWNTOWN LOCATION
Strategically positioned in the heart of Downtown Rochester, the property benefits from strong foot traffic and a vibrant commercial environment. This property is within walking distance to the newly announced $5 billion Mayo Clinic expansion project.
EASE OF ACCESS
Directly connected to the downtown skyway system, offering convenient access to nearby parking ramps and skyway entrances.
HIGH TRAFFIC AREA
Situated along a busy corridor, the property enjoys significant exposure to both pedestrian and vehicular traffic, maximizing visibility for the tenant.
STUNNING RENOVATION
The 7,772 Sq. Ft. commercial space has undergone a transformative $2.5 million renovation by Powers Ventures, creating a modern, high-end environment.
PREMIUM BUILDING UPGRADES
Recent capital improvements include all-new plumbing and electrical systems, state-of-the-art HVAC, integrated audio/visual systems, a fully equipped brand-new commercial kitchen, and new fixtures, furniture and equipment (FFE).
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