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835 38th St NW 19 207 pi² 100% Loué Commerce de détail Immeuble Rochester, MN 55901 3 640 358 $ CAD (189,53 $ CAD/pi²)



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Faits saillants de l'investissement
- 100% Leased to Kleen-Tech Services LLC, National Janitorial Service Provider
- Limited Industrial Supply plus Constrained pipeline supports fundamentals
- Functional, generic design accommodates a wide range of industrial and service users
- Current Tenant is successor to original building occupant since 1994
- Opportunity to acquire at pricing below the cost to develop comparable product today
- In-place rents and pricing provide a compelling basis relative to market comparables
Résumé de l'annonce
This offering presents a rare opportunity to acquire a stabilized industrial asset in Rochester—one of the Midwest’s fastest-growing markets, driven by continued expansion from Mayo Clinic and sustained population and employment growth. Industrial supply in Rochester remains tight, with limited available inventory and a highly constrained development pipeline due to land, zoning, and infrastructure challenges, creating strong long-term fundamentals. The property is occupied by Kleen-Tech Services, the original developer and long-term user of the building, demonstrating a deep operational commitment to the location. The tenant recently executed a lease extension providing approximately five years of remaining term, offering investors durable cash flow backed by an established occupant in a supply-constrained market.
Located at the NW corner of 37th Street NW and West River Parkway NW. This property enjoys easy access to HWY 52, HWY 63 and downtown Rochester (Mayo Clinic) all within minutes driving. Property is located adjacent to the City of Rochester's Development Services and Infrasture Center as well as the Rochester Police Department. Area retailers include, HyVee, Starbucks, Wells Fargo, Enterprise, Circle K and many local restaurants & service businesses.
Located at the NW corner of 37th Street NW and West River Parkway NW. This property enjoys easy access to HWY 52, HWY 63 and downtown Rochester (Mayo Clinic) all within minutes driving. Property is located adjacent to the City of Rochester's Development Services and Infrasture Center as well as the Rochester Police Department. Area retailers include, HyVee, Starbucks, Wells Fargo, Enterprise, Circle K and many local restaurants & service businesses.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Commerce de détail
Taille du bâtiment
19 207 pi²
Classe d’immeuble
B
Année de construction
1994
Prix
3 640 358 $ CAD
Prix par pi²
189,53 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
1 étage
Quais de chargement
1 Extérieur
Coefficient d’occupation des sols de l’immeuble
0,34
Taille du lot
1,28 AC
Zonage
MX-G - Permet une variété d'usages commerciaux et industriels
Stationnement
35 places (1,82 places par 1 000 pi² loué)
Façade
241’ sur 37th Street Northwest
Assez praticable à pied
50/100
Exceptionnellement facile d’accès en voiture
100/100
Transports en commun limités
30/100
Moyennement praticable en vélo
70/100
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | 74.23.22.075674 | Évaluation des bâtiments | 2 046 019 $ CAD |
| Évaluation du terrain | 435 881 $ CAD | Évaluation totale | 2 481 900 $ CAD |
Impôts fonciers
Numéro de lot
74.23.22.075674
Évaluation du terrain
435 881 $ CAD
Évaluation des bâtiments
2 046 019 $ CAD
Évaluation totale
2 481 900 $ CAD
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835 38th St NW
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