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    2900 37Th St Rochester, MN 55901

    Sponsored
    For Lease
    Contact for pricing

    Multi-use industrial campus; large spaces available.

    Lot size:
    3,100,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    The Rochester Technology Campus presents a unique investment opportunity encompassing 34 buildings totaling 3,100,000 square feet. This expansive campus offers a diverse range of spaces suitable for various uses, including office, manufacturing, warehouse, data center, and laboratory applications. Currently, 1,000,000 square feet of space is available for lease, with individual units ranging from 43,052 to 253,880 square feet. The campus features buildings with two stories and ceiling heights ranging from 17 to 27 feet, providing ample vertical space for diverse operational needs. Ample parking is provided with 7,255 spaces available across the campus. Beyond the functional spaces, the campus boasts extensive tenant amenities, including large meeting rooms ideal for conferences, an auditorium, a cafeteria, and a variety of outdoor recreational facilities such as tennis courts, playing fields, and a disc golf course. Located in Olmsted County, this campus offers a blend of functionality, amenity-rich environment, and strategic location. The multiple tenancy structure provides flexibility for businesses of varying sizes and operational requirements. This is an exceptional opportunity to secure significant space within a well-established and amenity-rich industrial campus.

    Property Features for 2900 37Th St

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,100,000 SF

    Building Details

    Buildings
    34
    Stories
    2

    Unit(s) available at that property

    Space
    Building 205
    Size
    194,092 SF
    Space
    Building 114
    Size
    253,880 SF
    Space
    Building 002
    Size
    43,052 SF

    HighLights

    • 3.1 million square feet of office and industrial space across 34 buildings in Olmsted County.
    • 1 million square feet of vacant space available for lease.
    • Multiple tenancies available, ranging from 43,052 to 253,880 square feet.
    • Buildings feature 17‑27 foot ceiling heights and two stories.
    • 7,255 total parking spaces available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Preventice Solutions Inc Medical Equipment Manufacturer Boston Scientific Cardiac ... Medical Equipment Manufacturer Vyriad Corporate Office Donna's Dress Shop Vintage Clothing Store IBM Bld 205 Warehouse

    Suggested Use

    Law Firm Building Supply Spa & Massage Clothing Store Auto Parts Store Kitchen & Bath HVAC Service Electrical Service Car Rental Computer & Electronic Repair

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

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Olmsted
    State
    Minnesota
    Longitude
    -92.5050928
    Latitude
    44.0594137

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    FAQs

    What type of property is this?
    Life science property - Multi-use industrial campus; large spaces available.
    Where is this life science property located?
    The property is located at 2900 37Th St Rochester, MN.
    What are key features of this property?
    This property features: 3.1 million square feet of office and industrial space across 34 buildings in Olmsted County.; 1 million square feet of vacant space available for lease.; Multiple tenancies available, ranging from 43,052 to 253,880 square feet.
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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
    2900 37Th St Rochester, MN 55901
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