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    1131 6Th St Rochester, MN 55901

    Sponsored
    For Lease
    $15 SF/Yr

    Grocery-anchored center, prime Rochester location.

    Lot size:
    131,752 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Barlows Plaza presents a unique investment opportunity in Rochester, Minnesota's thriving retail market. This grocery-anchored shopping center, totaling 131,752 square feet on 9.82 acres, enjoys a highly visible location at the edge of downtown, less than a mile from the Mayo Clinic's expansive $5 billion expansion project. The center benefits from exceptional accessibility, with direct access to major roadways including Highway 14, Highway 52, and Civic Center Drive, and multiple signalized intersections ensuring easy ingress and egress for customers and employees. Currently, three retail spaces are available, ranging in size from 1,397 to 8,319 square feet, offering flexibility for various retail concepts. The center boasts a strong tenant mix, anchored by Hy-Vee grocery store and complemented by established businesses such as Ace Hardware, Hy-Vee Liquor, Chuck & Don's, Rosati's, Nothing Bundt Cakes, Jackson Hewitt, and Great Clips. This established center benefits from its long history of serving the local community and attracting a consistent flow of customers. The surrounding area further enhances the property's appeal, with nearby retailers including Walgreens, Olive Garden, Home Furniture, Fresh Thyme, Caribou Coffee, Famous Dave's, and Denny's, creating a vibrant and attractive retail environment. This is an exceptional opportunity to acquire a well-established, centrally located retail property in a rapidly growing market.

    Property Features for 1131 6Th St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    131,752 SF
    Total Rate
    164690

    Unit(s) available at that property

    Space
    204B
    Size
    1,397 SF
    Rate per SF
    $22
    Space
    104
    Size
    8,319 SF
    Rate per SF
    $15
    Space
    Suite 200
    Size
    3,622 SF
    Rate per SF
    $22

    HighLights

    • Grocery‑anchored retail center with three available spaces ranging from 1,397 to 8,319 square feet.
    • 131,752 square foot building on 9.82 acres in Olmsted County.
    • Centrally located in Rochester, MN, less than one mile from the Mayo Clinic.
    • Strong tenant mix including Hy‑Vee, Ace Hardware, and other national and local retailers.
    • Excellent access to major highways (HWY 14, HWY 52) and Civic Center Drive.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Joseph G. ... Dentist Dr. Susan M. ... Dentist Barlow Plaza Shopping Mall

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Olmsted
    State
    Minnesota
    Longitude
    -92.4807516
    Latitude
    44.0297874

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    FAQs

    What type of property is this?
    Retail property - Grocery-anchored center, prime Rochester location.
    Where is this retail property located?
    The property is located at 1131 6Th St Rochester, MN.
    What is the lease rate?
    The lease rate is $15-$22 SF/Yr.
    What are key features of this property?
    This property features: Grocery-anchored retail center with three available spaces ranging from 1,397 to 8,319 square feet.; 131,752 square foot building on 9.82 acres in Olmsted County.; Centrally located in Rochester, MN, less than one mile from the Mayo Clinic.
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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
    1131 6Th St Rochester, MN 55901
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