793 16th St SW | Rochester, MN 55902
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- LoopNet Team
793 16th St SW
Rochester, MN 55902
Mayowood Commons · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 100% Leased Multi-Tenant Retail Center Built in 2018 - Mix of Investment Grade & Strong Franchisee Credit Tenants
- Across from Waters on Mayowood, a 175-unit senior living community - Adjacent to the Apache Mall (782,318 SF)
- Hard corner signalized location at intersection of 16th St SW & Mayowood Commons Rd (31,000+ CPD)
- Located at Entrance to Red44 Apartments (159 Units), Home2Suites by Hilton (103 rooms)
- Management Fees 100% Pass Through to Tenants - Newer NNN Leases - Rent Growth
- Located in Rochester: 3rd-Largest City in Minnesota - Home of the Mayo Clinic, rated #1 Hospital in the Nation
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
10,044 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2018
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
2.07 AC
Zoning
Commercial
Parking
99 Spaces (9.86 Spaces per 1,000 SF Leased)
Frontage
220 FT on 16th Street Southwest
AMENITIES
- Restaurant
- Signalized Intersection
- Drive Thru
- Monument Signage
PROPERTY TAXES
| Parcel Number | 64.11.23.083648 | Improvements Assessment | $3,495,400 |
| Land Assessment | $1,356,300 | Total Assessment | $4,851,700 |
PROPERTY TAXES
Parcel Number
64.11.23.083648
Land Assessment
$1,356,300
Improvements Assessment
$3,495,400
Total Assessment
$4,851,700
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