3552 West River Parkway NW, Rochester, MN 55901
OFFICE For SaleYear Built: 1982
Floors: 2
Class: B
| Space | Size | Type | Pricing |
|---|---|---|---|
| NW Rochester Office Condo | Net Lease Investment | SALE | $890,000.00 |
Matt Gove - Realty Growth, Inc
PHONE: 5079511147
PHONE: 5072898000
Bucky Beeman - Realty Growth, Inc
PHONE: 5079517130
PHONE: 5072898000
3552 West River Parkway NW presents a great opportunity to acquire a stabilized, net-leased office condominium in NW Rochester. This investment offering features a legacy tenant with over 30 years of operating history at the location, providing a strong foundation of occupancy and reliability. The property is secured by a new five (5) year lease, with an additional five (5) year renewal option, offering long-term income visibility and durability. The net lease structure minimizes landlord responsibilities, making this an ideal opportunity for investors seeking passive, predictable cash flow. Recent capital improvements, including a new roof and upgraded electrical systems, further enhance the stability of the asset and reduce near-term capital expenditure risk. The building itself is very well-maintained, solidly constructed, and benefits from excellent visibility and accessibility along West River Parkway. This offering is well-suited for a 1031 exchange buyer, private investor, or owner seeking a low-management, net-leased office asset with proven tenancy and strong fundamentals in the Rochester market.