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Franchise Retail Space
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1529 12th Street Southeast, Rochester, MN 55904

Established service business with an international franchise affiliation and included furniture, fixtures, and equipment.

Property Size1,365 SF
Price / SF$366.30
Days on Market69

Property Features for 1529 12th Street Southeast

General Information

Standard status Active
Size 1,365 SF
Property subtype Retail
Investment Type Owner/User

Additional Details

Business Included Yes
Listing Agency: Hamilton Real Estate Group
Listed By: Ari Kolas · License #MN MN
Source: Crexi
Added: Jul 30 Changed: Sep 30 Last Checked: Oct 5 at 5:28PM

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 Hamilton Real Estate Group

Investment Insights

Based on property information with market context.

This offering combines a retail space with an established service-based business operating under an international franchise brand. The location has served its market for more than 5 years and includes furniture, fixtures, and equipment maintained for ongoing operations.

Situated at 1529 12th Street Southeast in Rochester, Minnesota, the business has reported 15–20% annual growth over the past three years. Additional business and financial information is available under NDA.

Key Highlights

  • International franchise affiliation with established brand recognition
  • Service‑based business operating at the location for more than 5 years
  • Reported 15–20% annual growth over the past three years

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,364
Cap Rate
3.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$307,280 $307.3K
Cap Rate 7%
$219,486 $219.5K
Cap Rate 9%
$170,711 $170.7K
Market Conditions
NOI Build-Up for 1,365 SF
Gross rent
$22.6K $16.56/SF
− Vacancy
−$656 −$0.48/SF
EGI
$21.9K $16.08/SF
− OpEx
−$6.6K −$4.82/SF
NOI
$15.4K $11.26/SF
Area
Rochester, MN
Vacancy
2.90%
Lease Rate
$16.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$307,280
Cap Rate 7%
$219,486
Cap Rate 9%
$170,711

Alternative Uses

Best Use
Retail
$219.5K
$192.1K – $256.1K (±1% cap)
NOI $15,364 @ 7.0% cap · market cap 3.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$525.7K
$460.0K – $613.4K (±1% cap)
NOI $36,801 @ 7.0% cap · market cap 7.36%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Spa & Massage Center Building Supply Auto Repair Shop

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

315
Businesses Nearby
98k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 42% Dining 34% Groceries 23% Electronics 1%
Kwik Trip Shops & Services
25,554 visits/mo 0.1 miles
Cub Foods Groceries
22,573 visits/mo 0.1 miles
Burger King Dining
10,302 visits/mo 0.1 miles
The UPS Store Shops & Services
8,212 visits/mo 0.1 miles
SUBWAY Dining
7,535 visits/mo 0.1 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

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

What type of property is this?
Retail space - Established service business with an international franchise affiliation and included furniture, fixtures, and equipment.
Where is this retail space located?
The property is located at 1529 12th Street Southeast Rochester, MN.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: International franchise affiliation with established brand recognition; Service‑based business operating at the location for more than 5 years; Reported 15–20% annual growth over the past three years
(507) 281-1002 Call to check price and availability
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