Property profile

2900 37Th St NW Rochester, MN 55901

FOR LEASE
Industrial properties
Property ID
US46-0803716
57.04 ac lot Built 1958
Entity Owned 6-yr Hold Free & Clear
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2900 37Th St NW, Rochester, MN 55901 For Lease
Contact for pricing 3,100,000 SF available
2900 37Th St NW, Rochester, MN 55901
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Property summary

AI-generated overview

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 profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1958
Lot 57.04 ac (2,484,662 SF)
APN 74.21.13.085447
UPID US46-0803716

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Production Facility Factory
  • Production Facility Factory
  • Corporate Office
  • (Bike/Boat/Book/etc) Store
  • Warehouse & Storage

Location

2900 37Th St NW Rochester, MN 55901
Rochester metro Census 1401 ROCHESTER, MN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$345k

Owner & transaction history

since 2020
2 recorded transactions
2026
Price N/A
2020
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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