Operating C-Store For
For Sale
Contact for pricing
3225 40th Ave NW, Rochester, MN
Operating convenience store property available for purchase.
Property Size5,860 SF
Lot Size1.59 Acres
Price / SF$469.28
Days on Market546
Property Features for 3225 40th Ave NW
General Information
Standard status
Active
Size
5,860 SF
Lot size
1.59 Acres
Property subtype
RETAIL
Listing Agency:
Cushman & Wakefield
(952) 831-1000
Listed By:
Thomas Martin
(612) 730-7773
Source:
Moodyscre
Added: Apr 23, 2025
Changed: Oct 5
Last Checked: Oct 19 at 6:48AM
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 Cushman & Wakefield
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This is an operating convenience store property available for sale. The property has a size of 5860 square feet.
Key Highlights
- Operating C‑Store
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,132
Cap Rate
2.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,542,640
$1.5M
Cap Rate 7%
$1,101,886
$1.1M
Cap Rate 9%
$857,022
$857.0K
Market Conditions
NOI Build-Up for 5,860 SF
Gross rent
$105.5K $18.00/SF
− Vacancy
−$2.6K −$0.45/SF
EGI
$102.8K $17.55/SF
− OpEx
−$25.7K −$4.39/SF
NOI
$77.1K $13.16/SF
Area
Rochester, MN
Vacancy
2.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,542,640
Cap Rate 7%
$1,101,886
Cap Rate 9%
$857,022
Alternative Uses
Best Use
Specialty Retail
$1.10M
$964.2K – $1.29M
NOI $77,132 @ 7.0% cap · market cap 2.80%
Second Best
Retail
$942.3K
$824.5K – $1.10M
NOI $65,959 @ 7.0% cap · market cap 2.40%
Theoretical Best
Office A
$2.26M
$1.97M – $2.63M
NOI $157,989 @ 7.0% cap · market cap 5.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
736
Businesses Nearby
68k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 38%
Groceries 36%
Dining 24%
Home Improvements & Furnishings 2%
Cub Foods
Groceries
24,697 visits/mo
0.5 miles
Kwik Trip
Shops & Services
22,028 visits/mo
0.4 miles
Crumbl Cookies
Dining
8,241 visits/mo
0.4 miles
Jersey Mike's Subs
Dining
5,116 visits/mo
0.4 miles
U.S. Bank
Shops & Services
3,780 visits/mo
0.4 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Hy-Vee Grocery Store — 4221 W Cir Dr NW, Rochester, MN 55901
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Operating convenience store property available for purchase.
Where is this grocery and convenience store located?
The property is located at 3225 40th Ave NW Rochester, MN.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Operating C‑Store
