121 23rd Ave SW
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121 23rd Ave SW
28,075 SF Health Care Building Offered at £5,326,440 at a 6.70% Net Initial Yield in Rochester, MN 55902
Investment Highlights
- A credit national tenants
- Fantastic location with room to add more rentable sf to the site
- Long term leases
Executive Summary
100% occupied. New 10 year lease on 23,000 sf
Property Facts
| Price | £5,326,440 | Lot Size | 2.00 AC |
| Price Per Bed | £5,326,440 | Building Size | 28,075 SF |
| Sale Type | Investment | No. Beds | 1 |
| Net Initial Yield | 6.70% | Number of Floors | 1 |
| Property Type | Health Care | Year Built/Renovated | 2002/2023 |
| Building Class | C | Parking Ratio | 2.32/1,000 SF |
| Price | £5,326,440 |
| Price Per Bed | £5,326,440 |
| Sale Type | Investment |
| Net Initial Yield | 6.70% |
| Property Type | Health Care |
| Building Class | C |
| Lot Size | 2.00 AC |
| Building Size | 28,075 SF |
| No. Beds | 1 |
| Number of Floors | 1 |
| Year Built/Renovated | 2002/2023 |
| Parking Ratio | 2.32/1,000 SF |
Amenities
- Wheelchair Accessible
- Fiber Optic Internet
Room Mix Information
| Description | No. Beds |
|---|---|
| Hanger | 0 |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £3,780,049 | |
| Land Assessment | £684,291 | Total Assessment | £4,464,340 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£684,291
Improvements Assessment
£3,780,049
Total Assessment
£4,464,340
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121 23rd Ave SW
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