Visible Retail/Office Space
For Lease
Contact for pricing
115 16th Ave NW, Rochester, MN 55901
Retail/office space with high visibility and convenient location.
Space Size1,350 SF - 9,500 SF
Property Size109,168 SF
Days on Market677
Property Features for 115 16th Ave NW
General Information
Standard status
Active
Size
1,350 SF - 9,500 SF
Class
B
Total Parking Spaces
300
Property subtype
Retail, Office, Restaurant
Lease Type
NNN
Building Details
Building Size
109,168 SF
Year Built
1979
Tenancy
Multiple
Spaces For Lease
at 115 16th Ave NW Contact us- Size
- 5,035 SF
- Type
- Office, Restaurant, Retail
- Lease Type
- NNN
- Availability
- Active
116 17th Ave NW
- Type
- Office, Restaurant, Retail
- Lease Type
- NNN
- Availability
- Active
36 17th Ave NW
- Size
- 9,500 SF
- Type
- Restaurant, Retail
- Lease Type
- NNN
- Availability
- Active
122 17th Ave NW
- Size
- 1,350 SF
- Type
- Office, Restaurant, Retail
- Lease Type
- NNN
- Availability
- Active
29 16th Ave NW, Rochester, MN 55901
Listing Agency:
RGI Group
Listed By:
Justin Collopy · License #503516776
(507) 289-8000
Source:
Crexi
Added: Oct 29, 2024
Changed: Aug 31
Last Checked: Aug 28 at 9:47AM
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 RGI Group
Investment Insights
Based on property information with market context.
This commercial space offers prime visibility with large display windows and excellent highway exposure. Its location provides convenient access to St. Mary's Hospital (part of the Mayo Clinic) and proximity to a major highway, ensuring high traffic. The property features ample parking and ADA-compliant access. Recent upgrades include a new roof installed in 2024 and a modern façade update completed approximately five years ago. This location is suitable for national companies or small businesses and offers potential in a well-known retail area of Rochester.
Key Highlights
- Prime Visibility: Large display windows and excellent highway visibility.
- Convenient Location: Proximity to St. Mary's Hospital (Mayo Clinic) and a major highway.
- Ample Parking and ADA‑compliant access.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,152
Businesses Nearby
235k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 42%
Groceries 31%
Shops & Services 16%
Hotels & Casinos 6%
Hy-Vee
Groceries
47,153 visits/mo
0.3 miles
Kwik Trip
Shops & Services
34,392 visits/mo
0.4 miles
McDonald's
Dining
27,756 visits/mo
0.3 miles
Olive Garden
Dining
22,126 visits/mo
0.1 miles
Fresh Thyme Market
Groceries
14,543 visits/mo
0.2 miles
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 Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail/office space with high visibility and convenient location.
Where is this retail space located?
The property is located at 115 16th 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: Prime Visibility: Large display windows and excellent highway visibility.; Convenient Location: Proximity to St. Mary's Hospital (Mayo Clinic) and a major highway.; Ample Parking and ADA‑compliant access.
