For Lease
$0-$216 /SF/YR

48Th St Rochester, MN 55904

Multi-tenant retail center, 8 spaces available

Overview

Added:
Dec 11, 2024
Days on market:
138
The Shoppes on Maine is a prime retail investment opportunity located in Olmsted County. This five-building, multi-tenant center boasts a total of 100,444 square feet of leasable space, with eight spaces currently available, ranging from 1,000 to 30,886 square feet. The property benefits from a highly desirable location, shadow-anchored by major retailers such as Super Target, Lowe's, and Marcus Theaters, ensuring high foot traffic and visibility. Convenient access is provided via the diamond interchange at 48th Street and County Road 117, offering easy connectivity to Highway 63. Its strategic location offers significant advantages, being just 10 minutes south of downtown Rochester and the renowned Mayo Clinic, and minutes from Rochester International Airport, attracting a diverse customer base. This well-established retail center presents a compelling opportunity for businesses seeking a thriving location with strong anchor tenants and excellent accessibility. The property's multiple tenancy structure offers flexibility for a variety of retail uses, catering to diverse business needs. The expansive square footage provides ample space for both established businesses and new ventures seeking to establish a presence in a high-traffic area. The combination of strong anchors, convenient location, and available space makes this a truly exceptional retail investment opportunity.

Highlights

  • Retail property totaling 100,444 square feet.
  • Eight available retail spaces ranging from 1,000 to 30,886 square feet.
  • Multi-tenant retail center with five buildings.
  • Shadow-anchored by Super Target, Lowe's, and Marcus Theatres.
  • Conveniently located near the intersection of Hwy 63, 48th Street, and County Road 117.
  • Situated 10 minutes south of downtown Rochester and the Mayo Clinic.

Property Details for 0 48Th St

Property type
Community centers, Retail properties
RSF (Rentable sq. ft)
100,444 SF

Unit(s) available at that property

Space
Building B
Size
30,886 SF
Space
Suite 313
Size
1,658 SF
Rate per SF
$216
Space
Suite 537
Size
1,611 SF
Rate per SF
$216
Space
Suite 205
Size
3,600 SF
Rate per SF
$216
Space
Suite 209
Size
2,400 SF
Rate per SF
$216
Space
Suite 303
Size
1,505 SF
Rate per SF
$216
Space
Suite 307
Size
3,587 SF
Rate per SF
$216
Space
Suite 312
Size
1,967 SF
Rate per SF
$216

Location Insight

City
Rochester
County
Olmsted
State
Minnesota
Latitude
43.9529006
Longitude
-92.4638169

FAQs

What type of property is this?
Community center - Multi-tenant retail center, 8 spaces available
Where is the community center located?
The property is located at 48Th St Rochester, MN.
What is the lease rate?
The lease rate is $0-$216 /SF/YR.
What are key features of this property?
This property features: Retail property totaling 100,444 square feet.; Eight available retail spaces ranging from 1,000 to 30,886 square feet.; Multi-tenant retail center with five buildings.
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.
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0 48Th St
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