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Turn Key Office Space
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3535 40th Ave NW, Rochester, MN 55901

Professional office space with large windows, new paint and flooring.

Space Size4,385 SF - 12,350 SF
Property Size22,524 SF
Days on Market1171

Property Features for 3535 40th Ave NW

General Information

Standard status Active
Size 4,385 SF - 12,350 SF
Class A
Property subtype Office
Lease Type NNN

Building Details

Building Size 22,524 SF
Tenancy Multiple

Spaces For Lease

at 3535 40th Ave NW Contact us

102

Size
5,789 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us

200

Size
12,350 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us

Suite 215

Size
4,385 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Paramark Real Estate Services
Listed By: Darci Fenske · License #MN
Source: Crexi
Added: Jun 8, 2023 Changed: Aug 8 Last Checked: Aug 19 at 8:38PM

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 Real Estate Services

Investment Insights

Based on property information with market context.

This is a highly professional turn key office space featuring large windows. The space includes new paint and flooring. Strong tenant improvements are available to qualified tenants.

Key Highlights

  • Turn‑key office space, ready for immediate occupancy
  • Strong tenant improvements (T.I.) for qualified tenants
  • New paint throughout

Property 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
$2.40 /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

Market

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Professional office space with large windows, new paint and flooring.
Where is this office units located?
The property is located at 3535 40th Ave NW Rochester, MN.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Turn‑key office space, ready for immediate occupancy; Strong tenant improvements (T.I.) for qualified tenants; New paint throughout
More about this property
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