For Lease
$15/SF/YR

3551 Commercial Dr Rochester, MN 55902

Large Single-Tenant Garage in Rochester, MN

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional investment opportunity presents a substantial 7,480 square foot single-tenant garage located at 3551 Commercial Dr SW, Rochester, MN 55902. Situated on a generous 8.34 acres of land, this special purpose property boasts a total building size of 113,824 square feet and offers ample parking with 450 spaces. The property's strategic location on Commercial Dr SW, with a cross street of 36th St SW, ensures high visibility and accessibility. With an impressive daily traffic count of 43,000 cars passing the front door, this location offers unparalleled exposure. The property is zoned M-1, providing flexibility for various uses within the permitted zoning regulations. The Olmsted County Assessor's Parcel Number (APN) is 642342084623. Taxes are assessed at $2.58 per square foot. This single-tenant property presents a strong, stable investment opportunity with significant potential for future growth and return. The property's size and location make it an ideal investment for those seeking a substantial holding in a thriving Minnesota market. Further details regarding the tenant and lease terms are available upon request.

Highlights

  • 7,480 SF single-tenant garage on 8.34 acres in Rochester, MN.
  • 113,824 SF total building size with 450 parking spaces.
  • High-visibility location on Commercial Dr SW, Rochester, MN, with 43,000 daily traffic count.
  • M-1 zoning.
  • Olmsted County Assessor's Parcel Number: 642342084623; Taxes: $2.58/SF.

Property Details for 3551 Commercial Dr

Property type
Specialty properties, Parking lots & garages
RSF (Rentable sq. ft)
113,824 SF

Unit(s) available at that property

Space
Size
7,480 SF
Rate per SF
$15

Location Insight

City
Rochester
County
Olmsted
State
Minnesota
Latitude
43.970980132467
Longitude
-92.465032139729

FAQs

What type of property is this?
Specialty property - Large Single-Tenant Garage in Rochester, MN
Where is the specialty property located?
The property is located at 3551 Commercial Dr Rochester, MN.
What is the lease rate?
The lease rate is $15/SF/YR.
What are key features of this property?
This property features: 7,480 SF single-tenant garage on 8.34 acres in Rochester, MN.; 113,824 SF total building size with 450 parking spaces.; High-visibility location on Commercial Dr SW, Rochester, MN, with 43,000 daily traffic count.
How can I contact the broker?
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3551 Commercial Dr
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