Listed by Realty Growth Incorporated
$2,000,000
Broadway Corner Plaza
Details
APN 64.14.11.008076
Property Type Retail
Sub Type Shopping Center, Strip Center
Square Footage 7,626
Cap Rate 6.45%
NOI $129,084
Occupancy 100%
Tenancy Multi
Price per SqFt $262
Year Built 2007
Acreage 0.510
Zoning MX-S Mixed Use Street Oriented
Investment Type Value Add
Ground Lease No
Retail | 6.45% CAP | 7,626 SqFt
Marketing 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.
Investment highlights
- 100% Occupancy with Proven Longevity: The center is fully leased to a diverse five-tenant roster, including long-term neighborhood staples like Ichi Tokyo, ensuring immediate, reliable cash flow.
- Value-Add Opportunity via Market Rent Alignment: The property presents a distinct value-add opportunity, as current rental rates sit below prevailing market standards. Investors can capture substantial upside and drive future revenue growth by systematically adjusting rents to market levels as current leases expire.
- Unmatched Shadow Anchors & Synergy: Positioned immediately adjacent to a high-volume Kwik Trip and a Walmart Supercenter, the center benefits from immense daily crossover retail traffic.
- Highly Visible Corner Location: Situated at the strategic intersection of South Broadway Avenue and Highway 14 / 20th St SE, boasting premier monument visibility and effortless regional access.
Listing Contacts
Listed by Realty Growth Incorporated
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$129,084.00
$10,757.00/mo
Valuation Metrics
0
DSCR
6.45%
Cap Rate
6.45%
ROI
Map
Zoning
MXS MixedMixed UseMixed Use Street Oriented
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View all 114 uses Last updated Jun 23, 2026 For deeper zoning details, reports are available at Zoneomics
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Property History
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