Renovated Corner Retail Office
For Lease
Contact for pricing
21 1st St SW, Rochester, MN 55902
Newly renovated main floor plus skyway and subway retail/office space with flexible occupancy for 5 to 88 people.
Space Size10,929 SF
Days on Market2571
Property Features for 21 1st St SW
General Information
Standard status
Active
Size
10,929 SF
Property subtype
RETAIL
Lease Type
NNN
Site & Location
Neighborhood
Downtown
Spaces For Lease
at 21 1st St SW
Multiple Spaces Available for Lease
$20 – $30/SF/Yr
Floor
2
Size
10,929 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
Property Highlights:
• Premium downtown corner overlooking Peace
Plaza
• Main floor, skyway, and subway retail/office
spaces
• Newly renovated
• Located 1 block from Mayo Clinic
• Fits 5-88 People
Contact us
Listing Agency:
Paramark Corporation
(507) 261-7826
Listed By:
Michael Busch
(507) 259-8244
Source:
Moodyscre
Added: Oct 17, 2019
Changed: Oct 25
Last Checked: Oct 28 at 8:08AM
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
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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 newly renovated corner property overlooks Peace Plaza and offers a mix of main floor, skyway, and subway retail/office spaces. The available suites are sized to accommodate a range of occupancies, fitting approximately 5 to 88 people.
The property is positioned downtown and located about one block from Mayo Clinic, supporting convenient access for daily visitors and customers.
With multiple levels of retail and office frontage, the building configuration is well suited for tenants seeking street-level presence along with connected interior access through the skyway and subway systems.
The property is positioned downtown and located about one block from Mayo Clinic, supporting convenient access for daily visitors and customers.
With multiple levels of retail and office frontage, the building configuration is well suited for tenants seeking street-level presence along with connected interior access through the skyway and subway systems.
Key Highlights
- Newly renovated retail/office space with main floor plus skyway and subway levels
- Downtown corner location overlooking Peace Plaza
- 1 block from Mayo Clinic
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
7,290
Businesses Nearby
51k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 65%
Dining 24%
Shops & Services 10%
Hotel Indigo
Hotels & Casinos
14,302 visits/mo
0.2 miles
Taco Bell
Dining
12,492 visits/mo
0.4 miles
Residence Inn by Marriott Rochester Mayo Clinic Area
Hotels & Casinos
5,682 visits/mo
0.2 miles
Hilton Garden Inn Rochester Downtown
Hotels & Casinos
5,597 visits/mo
0.2 miles
TownePlace Suites by Marriott Rochester Mayo Clinic Area
Hotels & Casinos
5,005 visits/mo
0.3 miles
Demographics for 55902, MN
25,878
Population
11,954
Households
2.2
Avg Household Size
40
Median Age
66%
College-Educated
98%
High-School Grad
41.1 sq mi
ZIP Area
630
Density / Sq Mi
$111,879
Median Household Income
$68,869
Median Earnings
$1,580
Median Rent
$430,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Newly renovated main floor plus skyway and subway retail/office space with flexible occupancy for 5 to 88 people.
Where is this retail space located?
The property is located at 21 1st St SW Rochester, MN.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Newly renovated retail/office space with main floor plus skyway and subway levels; Downtown corner location overlooking Peace Plaza; 1 block from Mayo Clinic
