Rochester, MN Industrial Property For Sale

Property Info:

• 20,000 square foot building on 5 acres of leased land

• Ground lease with City of Rochester/Rochester Airport until

5/31/2041

• Tenant with 2,529 SF lease terminates 10/31/23 and has a 3-year

option at $15.00 PSF gross lease

• Tenant with 1,640 SF lease expires 1/31/2023 with a one-year

option

The building is 66,085 SF and is anchored by Tile Superstore who recently signed a 5 year lease extension which runs to the end of 2027. The other two tenants include Roberts Hamilton a national plumbing wholesaler that sells over $500m in product per year,

along with a local baseball training organization.

-Long term & credit worthy anchor tenant (Nearly 20 years at this location)

-66,000 SF of flex warehouse and retail space

-Access to two major highway corridors (Hwy 14 & Hwy 52)

-Below market rate rents

-8.36 acre site with ample parking opportunity for 300+

-400 amp 3 phase power with 16' clear heights

-Relatively low bases per SF for rent and sale