3555 9Th StRochester, MN 55901

Property Details for 3555 9Th St

Year built

1997

Lot size

3.95 AC

Property size (Sq ft)

35,006 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

74.32.11.050392

APU

743211050392

Description

This exceptional 3,490 square foot contemporary office space is available for sublease in the highly sought-after Northwest Rochester area. The property boasts a sophisticated design, seamlessly blending privacy and functionality to create an ideal work environment. The suite is immediately available and features a wealth of desirable amenities, making it a truly turnkey solution for businesses seeking a high-quality workspace. Internal features include private bathrooms, a well-equipped kitchenette break area perfect for employee lunches or informal meetings, and a professional glass-walled conference room ideal for client presentations or internal collaborations. A dedicated private entrance provides both convenience and a sense of exclusivity. Ample on-site parking is readily available for employees and visitors, eliminating the hassle of finding street parking. The building also offers prominent building signage opportunities, enhancing visibility and brand recognition for your business. The entire property sits on a generous 3.89-acre lot, providing ample space and a sense of openness. This sublease opportunity presents a unique chance to secure a sophisticated and well-appointed office space in a prime Rochester location. The total building size is 35,006 square feet, offering a sense of scale and potential for future expansion within the building. The asking price is $16 (presumably million, but unit is not specified in the source data). This is a rare opportunity to secure a premium office space in a thriving area.

• CAP approach

  CAP return

  Valuation

  6%

  $5,762,374

  6.5%

  $5,319,114

  7%

  $4,939,177

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,786,706

  Geo Method

  $1,786,706

• Alternative Use

  Use

  Valuation

  Residential

  $6,595,701

  Hospitality

  $6,041,627

  Educational

  $5,026,562

  Medical

  $5,199,434

  Retail

  $7,819,098

Location Insight

City

Rochester

County

Olmsted

State

Minnesota

Latitude

44.0356

Longitude

-92.5191

CBSA code

40340

CBSA name

ROCHESTER, MN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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