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Rochester Med-Tech Portfolio

2 Properties in Rochester, MN

Investment Highlights

  • Durable In-Place Income with Strong Mark-to-Market
  • Medical & Construction Related Tenancy
  • Zero Competitive New Construction
  • Rochester, Minnesota – Best City for Growth
  • Highway Visibility & Retail Amenities

Executive Summary

Colliers, as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee-simple ownership in the Rochester Med-Tech Portfolio (the “Portfolio”) located at 3555 9th Street Northwest and 3701 40th Avenue Northwest in Rochester, Minnesota. The Portfolio offers qualified investors the opportunity to acquire a durable existing cash stream with strong rent growth potential.
Built in 1997 & 2018 respectively, the Portfolio is comprised of two institutional quality Med-Tech properties totalling 63,543 square feet, and is collectively 92% occupied by a variety of high quality tenants. The Portfolio also features 17’-20’ clear heights, highway frontage, 3 dock doors, 5 drive-in doors, 2 glassed-over doors that could be reconverted to loading, and each property has a 4.0/1,000 square foot parking ratio.
Located in Rochester, Minnesota – the Portfolio shares a home with the Mayo Clinic’s Destination Medical Center, the largest and most prestigious healthcare system in the world, and enjoys frontage on Highway 14, CH-22, and access to Highway 52. The Portfolio is well positioned to retain its existing tenancy and attract new occupants should the need arise.

Property Facts

Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 65,006 SF
Total Land Area 6.61 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
3555 9th St NW, Rochester, MN 55901 Flex 35,006 SF 1997 -
Valley High Business Center III
3701 40th Ave NW, Rochester, MN 55901
Office 30,000 SF 2018 -
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  • Listing ID: 34062038

  • Date on Market: 2024-12-03

  • Last Updated:

  • Address: Rochester Med-Tech Portfolio, Rochester, MN

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