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Office Suite with Coffee Bar
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3535 40th Ave NW, Rochester, MN 55901

Office suite features exterior access, private offices, conference rooms, open areas, and an in-suite restroom.

Space Size5,789 SF
Days on Market1240

Property Features for 3535 40th Ave NW

General Information

Standard status Active
Size 5,789 SF
Property subtype OFFICE
Lease Type NNN

Amenities

restroom
coffee bar
private offices
conference rooms
open areas

Spaces For Lease

at 3535 40th Ave NW
Valley High Business Center I $18/SF/Yr
Floor 1
Size 5,789 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
Highlights: • Access to space by exterior door directly into space on east side of building. Additional access through the building hallway • Restroom in space • Coffee Bar in space • Combination of private offices, conference rooms, open areas
Contact us
Listing Agency: Paramark Corporation
Listed By: Darci Fenske
Source: Moodyscre
Added: Jun 9, 2023 Changed: Oct 25 Last Checked: Oct 28 at 12:02PM

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 Paramark Corporation

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This office suite offers direct access through an exterior door into the east side of the space. Additional entry is available through the building hallway. Inside, the layout includes a combination of private offices, conference rooms, and open areas.

The suite also includes an in-space restroom and a coffee bar, supporting day-to-day tenant operations.

With both private and collaborative areas, the configuration is designed to accommodate a range of work styles within a single suite.

Key Highlights

  • Office suite with exterior door access into the east side of the building space
  • Additional access through the building hallway
  • In‑suite restroom

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Precisely (Bike/Boat/Book/etc) Store Vision Solutions Inc (Bike/Boat/Book/etc) Store Mayo Clinic Backup ... Daycare Center Bright Horizons at Rochester Daycare Center Aerotek Employment Agency

Suggested Use

Top Pick HVAC Service Electrical Service Auto Repair Shop Nail Salon (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

650
Businesses Nearby

Demographics for 55901, MN

58,046
Population
24,852
Households
2.3
Avg Household Size
36
Median Age
50%
College-Educated
94%
High-School Grad
33.1 sq mi
ZIP Area
1,754
Density / Sq Mi
$90,430
Median Household Income
$52,778
Median Earnings
$1,321
Median Rent
$290,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Rochester, MN

$16.75 /SF/Yr
Avg Asking Price
$12–$23 /SF/Yr
Price Range
4,699 SF
Avg Space Size

This space is priced 7% above the average of $16.75 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Office suite features exterior access, private offices, conference rooms, open areas, and an in-suite restroom.
Where is this office unit located?
The property is located at 3535 40th Ave NW Rochester, MN.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Office suite with exterior door access into the east side of the building space; Additional access through the building hallway; In‑suite restroom
(507) 421-6556 · Office Call to check price and availability
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