Building Details

Year built 1986

Listing Agency: Agency North Real Estate, Inc m***@agencynorthre.com Show Phone

Listed By: Wendy Hendricks · License #40438191 Show Phone

Added: Sep 28 Changed: Sep 29 Last Checked: Oct 5 at 2:06PM

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MLS# 7152122

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This retail shopping center in Rice occupies a 1.67-acre parcel and was built in 1986. The property is fully leased, with long-term tenants. On-site features include a parking lot, forced-air heating, and an accessible approach with a ramp.

The center is at 435 Main Street E, near Highway 10 in Rice, Minnesota.

Key Highlights

• 100% leased with long‑term tenants
• 1.67‑acre parcel
• Built in 1986

Property Analytics

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Open Analytics

Current Use

Odam Medical Group ... Medical Group Circle K Gas Station Westside Liquor of Rice (Bike/Boat/Book/etc) Store Holiday Gas Station ATM Atm

Suggested Use

Top Pick Real Estate Agency Storage Facility Pharmacy Furniture & Home Goods Hair Salon Garden Center

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

100%

Occupancy

Multi-tenant

Tenancy

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

148

Businesses Nearby

55k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 57% Dining 43%

Holiday Station Store Shops & Services

15,547 visits/mo 0.1 miles

McDonald's Dining

10,848 visits/mo 0.2 miles

SUBWAY Dining

7,531 visits/mo 0.2 miles

Dollar General Shops & Services

7,466 visits/mo 0.5 miles

BP Shops & Services

7,199 visits/mo 0.2 miles

Demographics for 56367, MN

7,164

Population

2,899

Households

2.5

Avg Household Size

38

Median Age

26%

College-Educated

95%

High-School Grad

101.8 sq mi

ZIP Area

70

Density / Sq Mi

$102,429

Median Household Income

$54,418

Median Earnings

$1,222

Median Rent

$270,100

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

Questions? Ask Rey

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What type of property is this? Where is this shopping centers located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Shopping center - All retail space is occupied, with established tenants and a location near Highway 10.

Where is this shopping center located?

The property is located at 435 Main Street E Rice, MN.

What is the asking price?

The asking price for this property is $1,500,000.

What are key features of this property?

This property features: 100% leased with long‑term tenants; 1.67‑acre parcel; Built in 1986