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    3400 55Th St Rochester, MN 55901

    Sponsored
    For Lease
    $17 SF/Yr

    Rochester, MN Retail Opportunity: 2,500 SF Available

    Lot size:
    2,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Northwest Plaza offers a prime retail space in Rochester, Minnesota. This 2,500 square foot unit is located within a thriving regional power center boasting 500,000 square feet of gross leasable area (GLA). The property, situated at 3400 55th St NW, Rochester, MN 55901, benefits from exceptional visibility and high traffic counts, averaging 40,200 cars per day due to its prominent location near the intersection of 55th Street NW and US Highway 52. The space is a former Mayo Express Clinic, offering a ready-to-occupy layout. Northwest Plaza is anchored by major retailers including Walmart Supercenter and Sam's Club, ensuring a strong customer base. Additional tenants include a diverse mix of popular businesses such as Petco, Dollar Tree, HomeChoice, Buffalo Wild Wings, and Texas Roadhouse, creating a synergistic retail environment. The entire center comprises 20 suites, with 5,500 square feet currently vacant, presenting a unique opportunity for businesses seeking high-traffic exposure in a well-established retail destination. This location provides excellent access and visibility for businesses seeking to establish or expand their presence in the Rochester market.

    Property Features for 3400 55Th St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,500 SF

    Unit(s) available at that property

    Space
    Suite 430
    Size
    2,500 SF
    Rate per SF
    $17

    HighLights

    • 2,500 SF inline retail space available.
    • 3,000 SF former fitness studio available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Walmart Photo Center Photo Shop EcoATM Recycling Center Walmart Vision & Glasses Optometrist Redbox Movie Rental Kiosk Walmart Business Center Office Supply Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Olmsted
    State
    Minnesota
    Longitude
    -92.5114384
    Latitude
    44.0771302

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    FAQs

    What type of property is this?
    Retail property - Rochester, MN Retail Opportunity: 2,500 SF Available
    Where is this retail property located?
    The property is located at 3400 55Th St Rochester, MN.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: 2,500 SF inline retail space available.; 3,000 SF former fitness studio available.;
    Request Owner's contact information
    3400 55Th St Rochester, MN 55901
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    Rochester, MN 55901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3400 55Th St Rochester, MN 55901
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