Listed By
Agency Name: Realty Growth Inc.
Agency Phone: 507-289-8000
Shown By
Agent Name: Gary Gamayunov
Agent Phone: (612) 423-2880
Agency Title: Counselor Realty
Property Description
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.
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3552 W River Parkway Nw, Rochester, MN 55901
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3552 W River Parkway Nw, Rochester, MN 55901
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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.
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3552 W River Parkway Nw | MLS# 7008593
This commercial property located at 3552 W River Parkway Nw, Rochester, MN 55901 is currently listed for sale with an asking price of $890,000. W River Parkway Nw is located within the Rochester school district. Search Rochester real estate on ggamayunov.counselorrealty.com today.