100% Occupied Retail Strip
For Sale
$2,000,000
102 20th Street SE, Rochester, MN 55904
100% occupied retail strip center with retail, medical, and dining tenants and CAM pass-throughs in place.
Property SizeContact for details
Days on Market55
Property Features for 102 20th Street SE
General Information
Standard status
Active
Property subtype
Commercial
Zoning
Business/Commercial
Taxes and HOA fees
Annual Taxes
$49,770
Building Details
Year Built
2007
Units
5
Listing Agency:
Realty Growth Management Inc.
(507) 272-8049
Listed By:
Dylan Carty · License #40372226
(507) 272-8049
Source:
Ivyrealestategroup
Added: Jun 30
Changed: Aug 23
Last Checked: Aug 21 at 11:15PM
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 Realty Growth Management Inc.
Investment Insights
Based on property information with market context.
Broadway Corner Plaza is a retail strip center presented for acquisition as a 100% occupied income-producing asset. The property totals 7,626 square feet and is leased to a mix of retail, medical, and dining tenants, supported by a stable lease structure.
CAM pass-throughs are in place, helping mitigate operating inflation through consistent expense recovery. The center is located in the high-growth commercial corridor of South Rochester, Minnesota.
The tenant mix and in-place occupancy profile are key elements of the property’s current operating stability.
CAM pass-throughs are in place, helping mitigate operating inflation through consistent expense recovery. The center is located in the high-growth commercial corridor of South Rochester, Minnesota.
The tenant mix and in-place occupancy profile are key elements of the property’s current operating stability.
Key Highlights
- 7,626 SF retail strip center on Broadway Corner Plaza
- 100% occupied with retail, medical, and dining tenants
- Built in 2007
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
488
Businesses Nearby
267k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 44%
Dining 24%
Shops & Services 17%
Apparel 12%
Walmart
Superstores
118,671 visits/mo
0.4 miles
Kwik Trip
Shops & Services
38,618 visits/mo
0.1 miles
Marshalls
Apparel
31,100 visits/mo
0.3 miles
Taco Bell
Dining
23,989 visits/mo
0.3 miles
Starbucks
Dining
20,179 visits/mo
0.2 miles
Demographics for 55904, MN
29,813
Population
12,984
Households
2.3
Avg Household Size
35
Median Age
37%
College-Educated
93%
High-School Grad
60.1 sq mi
ZIP Area
496
Density / Sq Mi
$76,434
Median Household Income
$47,250
Median Earnings
$1,253
Median Rent
$237,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - 100% occupied retail strip center with retail, medical, and dining tenants and CAM pass-throughs in place.
Where is this strip mall located?
The property is located at 102 20th Street SE Rochester, MN.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 7,626 SF retail strip center on Broadway Corner Plaza; 100% occupied with retail, medical, and dining tenants; Built in 2007
