Log In/Sign Up
Your email has been sent.
1987 Scott Rd NW
Rochester, MN 55901
Retail Property For Sale
Investment Highlights
- 9+ Years Remaining | Corporate Signature | Option To Extend
- Across From Costco | Dense Retail Corridor | High Traffic Area
- NNN Lease | Fee Simple Ownership | Minimal Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
Executive Summary
• The subject property is located directly across from Costco with other neighboring tenants including ALDI, McDonald’s, Caribou Coffee, Crumbl, Sherwin-Williams and more
• Located at the signalized, hard corner intersection of 19th Street NW and Scott Road NW, which combine to average over 15,100 VPD
• The asset is also located in close proximity to W Circle Dr NW (23,700 VPD) and Highway 14 (29,800 VPD)
• Strong tenant synergy promotes crossover shopping to the subject property
• Located at the signalized, hard corner intersection of 19th Street NW and Scott Road NW, which combine to average over 15,100 VPD
• The asset is also located in close proximity to W Circle Dr NW (23,700 VPD) and Highway 14 (29,800 VPD)
• Strong tenant synergy promotes crossover shopping to the subject property
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
28,093 SF
Building Class
B
Year Built
2015
Price
$10,719,031 CAD
Price Per SF
$381.56 CAD
Cap Rate
6.35%
NOI
$680,674 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
2.85 AC
Zoning
LI
Parking
133 Spaces (4.73 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 74.28.22.081985 | Improvements Assessment | $3,385,868 CAD |
| Land Assessment | $2,405,621 CAD | Total Assessment | $5,791,489 CAD |
Property Taxes
Parcel Number
74.28.22.081985
Land Assessment
$2,405,621 CAD
Improvements Assessment
$3,385,868 CAD
Total Assessment
$5,791,489 CAD
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
