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South Broadway Retail Opportunity
For Lease
$25 SF/Yr

221 28th St SE, Rochester, MN 55904

Established retail space in a high-traffic commercial corridor.

Days on Market148

Property Features for 221 28th St SE

General Information

Standard status Active
Property subtype Retail

Building Details

Year Built 2008
Listing Agency: North Rock Real Estate - Rochester
Listed By: Paul Aronhalt · License ##40172933
Source: Northrockre
Added: Mar 6 Changed: Jul 6 Last Checked: Aug 1 at 4:13AM

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 North Rock Real Estate - Rochester

Investment Insights

Based on property information with market context.

This well-established retail opportunity is located within the South Broadway retail corridor, next to Rochester's largest power retail center. The location benefits from major traffic-generating anchors, including Total Wine, Petco, Kohls, Wal Mart, Menards, At Home, and DSW, as well as a variety of national banks, food users, and service businesses. Situated in a bustling part of Rochester, the area offers close proximity to the Mayo Clinic. Nearby retail centers and entertainment venues contribute to a vibrant atmosphere, providing convenience and leisure options for employees and visitors. The area also showcases parks and recreational facilities. The property features a drive-thru, end cap, abundant natural light with expansive windows, and signage visible along South Broadway. It also includes two ingress/egress points, convenient access to major transportation routes, and dedicated parking facilities for tenants and visitors.

Key Highlights

  • Located in the high‑traffic South Broadway retail corridor, next to major retail anchors
  • Signage visible along South Broadway
  • Drive‑Thru capability

Property Analytics

Current Use

GameStop Arcade & Gaming Center The Barbershop Barber Shop The Barbershop A Hair Salon ... Barber Shop Mega Coin Laundry ... (Bike/Boat/Book/etc) Store GOODWILL PARKING LOT Parking Lot & Garage

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Gym & Fitness Center Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

28
Businesses Nearby

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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Strip mall - Established retail space in a high-traffic commercial corridor.
Where is this strip mall located?
The property is located at 221 28th St SE Rochester, MN.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Located in the high‑traffic South Broadway retail corridor, next to major retail anchors; Signage visible along South Broadway; Drive‑Thru capability
More about this property
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