3101 Superior DrRochester, MN 55901

Property Details for 3101 Superior Dr

Year built

2014

Lot size

1.12 AC

Property size (Sq ft)

6,432 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

74.20.31.081052

APU

742031081052

Description

This exceptional 6,432 square foot Class A office space is available for lease. Located in Northwest Rochester, this single-tenant building boasts a highly visible location just off West Circle Drive, a major thoroughfare with over 23,000 vehicles passing daily, ensuring excellent exposure and accessibility. The main floor offers a comprehensive layout, including 16 individual offices, a welcoming reception area, a dedicated conference room, and three restrooms. The lower level provides additional versatility with three more offices, a convenient kitchenette, a restroom, and a laundry room. This turnkey property is ideal for a variety of businesses, from medical practices to traditional office settings or executive suites. The building's stand-alone design provides ample parking for staff and clients. The property's modern amenities and strategic location make it an attractive opportunity for businesses seeking a high-quality, functional, and easily accessible workspace in a thriving area of Rochester. The building's total square footage is 6,432 square feet, offering substantial space for growth and expansion. This is a rare opportunity to secure a well-appointed, single-tenant office building in a prime location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,058,778

  6.5%

  $977,334

  7%

  $907,524

• Comparable approach

  Method

  Valuation

  Relative Method

  $328,289

  Geo Method

  $328,289

• Alternative Use

  Use

  Valuation

  Residential

  $1,211,894

  Hospitality

  $1,110,088

  Educational

  $923,580

  Medical

  $955,344

  Retail

  $1,436,680

Location Insight

City

Rochester

County

Olmsted

State

Minnesota

Latitude

44.0563

Longitude

-92.5292

CBSA code

40340

CBSA name

ROCHESTER, MN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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