Jiffy Lube Rochester, MN

4590 Commercial Dr SW
Rochester, MN

Price: $2388000
Cap Rate: 5.75%
NOI: $137,273
Building Size: Approx. 4685 Sq. Ft.
Lot Size: Approx. 1.58 Acres
Type: Single-Tenant / Retail
Sub Category: Automotive Service
Year Built: 2016

Investment Overview

  • New Construction | 4,685+/- SF Building on 1.58+/- Acre Site
  • New 20-Yr, Corp NNN Lease w/10% Rent Bumps Every 5-Yrs
  • Located along Commercial Dr., just W of US 63 (37,000 VPD)
  • Across Super Target | Near Discount Tire, McDonalds, Starbucks
  • Local Attractions: The Plummer Building | Silver Lake | Mayowood Mansion
  • Major Employers: Mayo Clinic (32,271 Empl) | Rochester Public Schools (2,657 Empl)
  • 5-Mile Radius: 2016 Estimated Pop: 51,008 | 3-Mile Average HH Income:  $116,213
  • Rochester averages 2.7-Million visitors per year, with 1.3-Million coming to Mayo Clinic
  • Minneapolis – St. Paul – Bloomington (MSA): 16th Largest MSA in U.S | Pop: 3,422,264

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