2200 2nd St SW, Rochester, MN
Office building with 11,992 square feet of space.
- Added:
- Aug 5, 2025
- Days on Market:
- 315
- Last Refresh:
- May 20 at 9:39 pm
Property Features for 2200 2nd St SW
General Information
- Standard status
- Active
- Size
- 11,992 SF
- Lot size
- 1.17 Acres
- Property subtype
- OFFICE
Listing agent Matt Gove (507) 951-1147
Listing office Realty Growth, Inc (507) 951-1147
Listing date Aug 5, 2025
Source Moodyscre
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, Inc
HighLights
- Office building
- 11,992 square feet of space
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $323.8k | $27.00 |
| − Vacancy | −$29.1k | −$2.43 |
| EGI | $294.6k | $24.57 |
| − OpEx | −$73.7k | −$6.14 |
| NOI | $221.0k | $18.43 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Rochester
- County
- Olmsted
- State
- Minnesota
- Longitude
- -92.4974
- Latitude
- 44.0213
