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    Property profile & analytics
    FOR LEASE
    Retail space

    3400 55Th St NW, Rochester, MN 55901

    221,003 SF 17.59 ac lot Built 1992
    Individually Owned Free & Clear
    Property ID
    US46-1293372
    Property summary
    AI-generated overview

    Northwest Plaza offers a prime retail space in Rochester, Minnesota. This 2,500 square foot unit is located within a thriving regional power center boasting 500,000 square feet of gross leasable area (GLA). The property, situated at 3400 55th St NW, Rochester, MN 55901, benefits from exceptional visibility and high traffic counts, averaging 40,200 cars per day due to its prominent location near the intersection of 55th Street NW and US Highway 52. The space is a former Mayo Express Clinic, offering a ready-to-occupy layout. Northwest Plaza is anchored by major retailers including Walmart Supercenter and Sam's Club, ensuring a strong customer base. Additional tenants include a diverse mix of popular businesses such as Petco, Dollar Tree, HomeChoice, Buffalo Wild Wings, and Texas Roadhouse, creating a synergistic retail environment. The entire center comprises 20 suites, with 5,500 square feet currently vacant, presenting a unique opportunity for businesses seeking high-traffic exposure in a well-established retail destination. This location provides excellent access and visibility for businesses seeking to establish or expand their presence in the Rochester market.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1992
    Total area 221,003 SF
    Lot 17.59 ac (766,438 SF)
    APN 74.16.21.050280
    UPID US46-1293372
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Walmart Photo Center (Bike/Boat/Book/etc) Store
    • EcoATM Recycling Center Waste Management Facility
    • Walmart Vision & Glasses Physician
    • Redbox Cinema (Bike/Boat/Book/etc) Store
    • Walmart Business Center (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $22.67M
    Blend (final) Blend
    $17.67M
    Owner & transaction history
    THF G ROCHESTER
    THF G ROCHESTER
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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