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975 34th Ave NW - Northwest Gateway Office Building Unité de condo • Bureau • 15 021 pi² • À vendre 4 885 720 $ CAD • Rochester, MN 55901
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FAITS SAILLANTS DE L'INVESTISSEMENT
- Strong WALT of 4.47 Years
- Strong Tenant Mix Including National and Established Local Businesses
- Class A Construction Finishes and Glass Lines
FAITS SUR LA PROPRIÉTÉ
COMMODITÉS
- Accès contrôlé
- Affichage
- Accessible aux fauteuils roulants
- Affichage sur monument
- Climatisation
1 UNITÉ DISPONIBLE
Unité 3 & 4
| Taille de l’unité | 15 021 pi² | Type de vente | Investissement |
| Prix | 4 885 720 $ CAD | Taux de capitalisation | 7,43% |
| Prix par pi² | 325,26 $ CAD | Revenu net d’exploitation | 363 009,01 $ CAD |
| Utilisation du condo | Bureau | Nbre d’espaces de stationnement | 79 |
| Taille de l’unité | 15 021 pi² |
| Prix | 4 885 720 $ CAD |
| Prix par pi² | 325,26 $ CAD |
| Utilisation du condo | Bureau |
| Type de vente | Investissement |
| Taux de capitalisation | 7,43% |
| Revenu net d’exploitation | 363 009,01 $ CAD |
| Nbre d’espaces de stationnement | 79 |
DESCRIPTION
The project is comprised of two floors of an office building located at the intersection of US Highway 14 West and West Circle Drive.
The units are 100% leased to creditworthy tenants, which benefit from ample signage opportunities available on the building. The units are 100% composed of office buildouts, including major renovations completed in tenant suites in 2024 & 2025.
NOTES SUR LA VENTE
This investment offering comprises the 3rd and 4th floor condominium units at the Northwest Gateway Office Tower, located at the primary west entrance to Rochester MN at the intersection of US Highway 14 and West Circle Drive, just minutes from the Mayo Clinic. The opportunity contains long term leases to creditworthy professional tenants, delivering a stable income stream. The property’s high-visibility location in Rochester’s expanding West Circle Drive corridor ensures strong tenant demand and consistent leasing performance.
Positioned to benefit from Rochester’s economic growth, driven by the Mayo Clinic’s Bold Forward Unbound project, the property is expected to see increased demand for Class A office space and long-term value appreciation.
The Northwest Gateway Office Tower offers prominent signage opportunities and exceptional accessibility, distinguishing it as a unique investment in a market with limited comparable assets.
For additional details or to arrange a tour, please contact us.
CONTACTS
-
Paul Aronhalt -
Jeff Brown -
AJ Hawkins -
Grant Parrish -
North Rock Real Estate, LLC
Présenté par
975 34th Ave NW - Northwest Gateway Office Building
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