Standalone Restaurant and
1818 Broadway Ave S Rochester, MN 55904
For Sale
Contact for pricing
Standalone Perkins Restaurant and Bakery on a 1.09 corner parcel with major traffic exposure and a corporate-guaranteed absolute NNN lease.
Lot Size1.09 Acres
Days on Market104
Property Features for 1818 Broadway Ave S
General Information
- Standard status
- Active
- Lot size
- 1.09 Acres
- Property subtype
- Retail
Listing Agency:
Marcus & Millichap - Seattle
Listed By:
Hank Wolfer · License #WA 110547
Source:
Crexi
Added: Apr 11
Changed: Jul 23
Last Checked: Jul 23 at 1:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Seattle
Investment Insights
Based on property information with market context.
This offering presents a fee-simple interest in a standalone Perkins Restaurant and Bakery. The property is operated under a corporate guaranteed absolute net lease with zero landlord responsibility, set to expire July 31, 2029. Perkins signed a brand new 10-year lease in 2019, establishing the current lease term structure.
The restaurant benefits from an ideal corner location on Broadway Ave S, providing exposure to over 12,600 cars daily. The site is situated one block from the Hampton Inn, Rochester Inn, and Econo Lodge, supporting consistent walk-in customer flow. The property sits on a 1.09 corner parcel and is positioned to serve the surrounding hospitality demand.
The restaurant benefits from an ideal corner location on Broadway Ave S, providing exposure to over 12,600 cars daily. The site is situated one block from the Hampton Inn, Rochester Inn, and Econo Lodge, supporting consistent walk-in customer flow. The property sits on a 1.09 corner parcel and is positioned to serve the surrounding hospitality demand.
Key Highlights
- Standalone Perkins Restaurant and Bakery on a 1.09 corner parcel on Broadway Ave S
- Corporate‑guaranteed absolute NNN lease with zero landlord responsibility, expiring July 31, 2029
- Brand new 10‑year Perkins lease signed in 2019
Property Analytics
Location Intelligence
Current Use by Public Records
Perkins Restaurant & Bakery
Restaurant
MrBeast Burger
Restaurant
FAQs
What type of property is this?
Conventional restaurant - Standalone Perkins Restaurant and Bakery on a 1.09 corner parcel with major traffic exposure and a corporate-guaranteed absolute NNN lease.
Where is this conventional restaurant located?
The property is located at 1818 Broadway Ave S Rochester, MN.
What are key features of this property?
This property features: Standalone Perkins Restaurant and Bakery on a 1.09 corner parcel on Broadway Ave S; Corporate‑guaranteed absolute NNN lease with zero landlord responsibility, expiring July 31, 2029; Brand new 10‑year Perkins lease signed in 2019
