30 25Th StRochester, MN 55904

For Sale
$21,300,000

High-yield retail center, 100% occupied.

Overview

Added:
Feb 13
Days on market:
29
This exceptional investment opportunity presents a 136,757 square foot shopping center in Rochester, Minnesota, boasting a strong 8.00% cap rate and a substantial net operating income (NOI) of $1,701,907. Priced at $21,300,000 ($155.75/sq ft), the property features two single-story buildings constructed in 2000 and extensively renovated in 2024. The 13.49-acre site offers ample parking (approximately 4.7 spaces per 1,000 sq ft) and excellent visibility on Broadway Avenue, a major commercial thoroughfare. Access is convenient via curb cuts on Broadway Avenue and 25th Street. The property benefits from a large pylon sign and a newly replaced roof (warranty through 2044), minimizing near-term capital expenditures. The nine units are 100% occupied by a diverse mix of national credit tenants, all under corporate leases with a weighted average lease term remaining of 5.1 years. Recent lease extensions and new long-term leases with Total Wine (10-year lease, 29,980 sq ft) and Boot Barn (10-year lease, 12,000 sq ft) demonstrate the strength and stability of the tenant base. Key tenants include Total Wine, DSW, Petco, Five Below, Michaels, Famous Footwear, Boot Barn, DaVita, and Modern Design. The property is shadow-anchored by separately owned Kohl's and Walmart Supercenter. This well-maintained, high-performing shopping center offers a compelling investment opportunity with significant long-term potential.

Highlights

  • $21,300,000 asking price for a 136,757 square foot shopping center in Rochester, MN.
  • 8.00% cap rate with a $1,701,907 NOI.
  • 100% occupancy with nine units on 13.49 acres.
  • Shadow-anchored by Kohl's and Walmart.
  • Recently renovated in 2024, including a new roof with warranty through 2044.

Property Details for 30 25Th St

Property type
Lifestyle centers, Power centers
Square Feet
136,757 SF
Year Built/Renovated
2000/2024
Buildings
2
Stories
1
Lot Size (sq. ft)
587,624 SF
Units
9

Location Insight

City
Rochester
County
Olmsted
State
Minnesota
Latitude
43.983389500157
Longitude
-92.460004780803
30 25Th St, Rochester, Minnesota

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
30 25Th St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message