Property profile

4100 18Th Ave NW Rochester, MN 55901

FOR LEASE
Strip malls
Property ID
US46-1238862
22,960 SF 2.3 ac lot Built 1984
Individually Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional retail opportunity is located within the thriving Cedarwood Shopping Center at 4100 18th Ave NW, Rochester, Minnesota, 55901. The property, built in 1984, offers a 1,680 square foot end-cap space within a larger 22,960 square foot strip shopping center situated on a 100,235 square foot lot in Olmsted County. The space is currently built out as a salon/spa and features prime signage opportunities on 18th Avenue NW. Ample dedicated parking is available for tenants and visitors. The center boasts a strong tenant mix including grocery, food, laundry, and personal services, ensuring high foot traffic and a vibrant atmosphere. This location benefits from convenient access to major transportation routes like Highway 52, attracting both local and regional customers. The affordable rent makes this an attractive proposition for businesses seeking to establish or expand their presence in a high-traffic commercial district. This is an ideal space for a retail business looking to thrive in a well-established and convenient location.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1984
Total area 22,960 SF
Lot 2.3 ac (100,319 SF)
APN 74.15.43.002834
UPID US46-1238862

Cap rate & NOI

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

Location

4100 18Th Ave NW Rochester, MN 55901
Rochester metro Census 1702 ROCHESTER, MN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$615k
CAP Approach CAP
by Request
Comparable Approach Comparable
$652k
Blend (final) Blend
$635k

Owner & transaction history

since 2021
3 recorded transactions
2021
Price N/A
2018
Price N/A
2017
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
Try Rey
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
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message