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Retail Suite
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609 4th Street NW, Faribault, MN 55021

The space is zoned Business/Commercial and was built in 1998.

Space Size1,600 SF
Property Size7,092 SF
Days on Market3

Property Features for 609 4th Street NW

General Information

Standard status Active
Size 1,600 SF
Net Rentable 1,600 SF
Zoning Business/Commercial
Lease Type NNN

Space & Availability

Available Space 1,600 SF
Contiguous Space 1,600 SF
Space Use Retail

Taxes and HOA fees

Annual Taxes $23,308

Building Details

Building Size 7,092 SF
Year Built 1998
Units 4
Listing Agency: MDC Real Estate Services
Listed By: Matthew J. Steeves
Source: Getyoumoved
Added: Oct 22 Changed: Oct 23 Last Checked: Oct 23 at 3:24PM

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 MDC Real Estate Services

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Investment Insights

Based on property information with market context.

A 1,600-square-foot retail suite is available within a 7,092-square-foot property built in 1998. The space is zoned Business/Commercial and is offered for rent.

Key Highlights

  • 1,600 square feet of retail space
  • Business/Commercial zoning
  • Property built in 1998

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Mizuki Fusion Restaurant

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Grocery & Convenience Store Skin Care Clinic Daycare Center Locksmith

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

Location Intelligence

Trade Area within ½ mile

835
Businesses Nearby
86k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 37% Shops & Services 32% Groceries 19% Home Improvements & Furnishings 8%
McDonald's Dining
24,694 visits/mo 0.1 miles
Fareway Groceries
16,517 visits/mo 0.3 miles
Holiday Station Store Shops & Services
10,781 visits/mo 0.1 miles
Faribault Ace Hardware Home Improvements & Furnishings
6,819 visits/mo 0.4 miles
Wells Fargo Shops & Services
5,174 visits/mo 0.4 miles

Demographics for 55021, MN

30,636
Population
12,421
Households
2.5
Avg Household Size
40
Median Age
20%
College-Educated
90%
High-School Grad
177.0 sq mi
ZIP Area
173
Density / Sq Mi
$70,296
Median Household Income
$39,914
Median Earnings
$1,044
Median Rent
$267,600
Median Home Value
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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - The space is zoned Business/Commercial and was built in 1998.
Where is this retail space located?
The property is located at 609 4th Street NW Faribault, MN.
What are key features of this property?
This property features: 1,600 square feet of retail space; Business/Commercial zoning; Property built in 1998
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