Property Summary

  • Sale Price $890,000
  • Cap Rate 7.8%
  • Space Size 4,900 SF
  • Building Size 9,980 SF

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.

Net Lease Investment Property

New 5 Year Lease
Legacy Tenant

Recent Capital Improvements

Property Attachments

Listing Team

Matt Gove
Matt Gove
Sales and Leasing Advisor
Realty Growth Inc.
MN #40779556
Bucky Beeman
Bucky Beeman
Realtor and Partner
Realty Growth Inc.
MN #40149580

Please use the form below for further information:


We will not send you spam or share your email address.