Rochester, MN Commercial Real Estate for Lease - 42 Listings

Marion Road Office Building

2450 Marion Rd SE, Rochester, MN
Property

Office

70,050 SF
Availability

1 Space

22,500 SF
Year Built

1977
For Lease

$11.00/SF/YR
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Harbor Freight Center

4200 East Frontage Road, Rochester, MN
Property

Retail

32,058 SF
Availability

3 Spaces

8,538 SF
Year Built

1985
For Lease Contact for pricing
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Fairway Place NW Office Building

3900 Fairway Pl NW, Rochester, MN
Property

Office

9,932 SF
Availability

1 Space

703 SF
Year Built

2002
For Lease

$2,100.00/MO
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2nd Street Office Space

230 20th Ave Southwest, Rochester, MN
Property

Office

11,780 SF
Availability

1 Space

500 SF
Year Built

2003
For Lease

$20.00/SF/YR
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Crossroads Shopping Center

1201 Broadway Ave , Rochester, MN
Property

Retail

111,412 SF
Availability

2 Spaces

23,245 SF
Year Built

1963
For Lease

$12.00 - $19.00/SF/YR
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2519 Commerce Dr NW

2519 Commerce Dr NW, Rochester, MN
Property

Retail

23,940 SF
Availability

1 Space

1,003 SF
For Lease

$30.00/SF/YR
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2nd Street SW Retail Space

2560 2nd St SW, Rochester, MN
Property

Retail

8,004 SF
Availability

2 Spaces

4,000 SF
Year Built

2019
For Lease Contact for pricing
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Elton Hills Retail Center

120 Elton Hills Ln NW, Rochester, MN
Property

Retail

10,100 SF
Availability

1 Space

2,520 SF
Year Built

1995
For Lease

$14.00/SF/YR
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MN, Rochester - 318 Commons
Regus
318 1st Avenue Southwest, Rochester, MN
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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Retail & Office Building Opening Summer of 2024

3660 Sarah Place NW, Rochester, MN
Property

Office

20,000 SF
Availability

2 Spaces

11,856 SF
Year Built

2024
For Lease Contact for pricing
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Rome Circle Office Building

6188 Rome Cir NW, Rochester, MN
Property

Office

7,124 SF
Availability

1 Space

2,963 SF
Year Built

2007
For Lease

$16.00/SF/YR
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Shoppes on 2nd

123 16th Avenue SW, Rochester, MN
Property

Retail

11,520 SF
Availability

1 Space

2,933 SF
Year Built

2012
For Lease

$22.00/SF/YR
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East River Road Warehouse Building

3201 E River Rd NE, Rochester, MN
Property

Industrial

13,312 SF
Availability

1 Space

13,312 SF
Year Built

1965
For Lease

$10.00/SF/YR
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Downtown Professional Building

14 2nd Street SW, Rochester, MN
Property

Office

46,014 SF
Availability

5 Spaces

40,100 SF
Year Built

1950
For Lease

$14.00 - $22.00/SF/YR
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Gill Center Retail Space

3169 Wellner Dr NE, Rochester, MN
Property

Retail

6,975 SF
Availability

1 Space

1,630 SF
Year Built

2001
For Lease

$12.00/SF/YR
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Coworking / Executive Offices in Downtown Rochester

218 1st Ave SW, Rochester, MN
Property

Office

7,920 SF
Availability

3 Spaces

370 SF
Year Built

1917
For Lease

$800.00/MO
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Rome Circle Warehouse

6131 Rome Cir NW, Rochester, MN
Property

Industrial

20,000 SF
Availability

1 Space

5,000 SF
Year Built

2017
For Lease

$10.50/SF/YR
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Main Level of The Realty Growth Office

416 Broadway Avenue South, Rochester, MN
Property

Office

7,784 SF
Availability

1 Space

3,892 SF
Year Built

1928
For Lease

$4,500.00/MO
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Allegro Park Office Space

3015 Allegro Park Ln SW, Rochester, MN
Property

Office

9,825 SF
Availability

2 Spaces

2,420 SF
Year Built

2002
For Lease

$20.00/SF/YR
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1903 Executive Suites

1903 Broadway Ave South, Rochester, MN
Property

Office

8,038 SF
Availability

3 Spaces

460 SF
Year Built

1970
For Lease

$500.00/MO
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Stone Crossings

1221 3rd Ave SW, Rochester, MN
Property

Office

8,800 SF
Availability

1 Space

671 SF
Year Built

1964
For Lease

$22.00/SF/YR
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Valleyhigh Drive Northwest Flex Building

1304 Valleyhigh Drive Northwest, Rochester, MN
Property

Industrial

39,020 SF
Availability

1 Space

39,020 SF
Year Built

1962
For Lease

$8.00/SF/YR
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BRYK on Broadway Coworking Offices - 401 North Broadway Avenue

401 North Broadway Avenue, Rochester, MN
Property

Office

2,476 SF
Availability

1 Space

200 SF
For Lease

$1,200.00/MO
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North Broadway Sub-lease Opportunity

210 North Broadway Ave, Rochester, MN
Property

Office

15,944 SF
Availability

1 Space

1,020 SF
For Lease

$1,500.00/MO
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Kersten Building Suite 2

211 S Broadway, Rochester, MN
Property

Retail

2,268 SF
Availability

1 Space

800 SF
Year Built

1878
For Lease

$1,500.00/MO
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7th St NW Retail Space

872 7th St NW, Rochester, MN
Property

Retail

22,500 SF
Availability

2 Spaces

3,850 SF
Year Built

1946
For Lease

$14.00/SF/YR
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Rochester commercial real estate market incorporates 245,181 square feet of office space across 18 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Rochester commercial real estate market includes 726,361 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Rochester market, there is a total of 176,974 square feet of industrial property.

The listing inventory in Rochester incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Rochester is represented by Retail space, which accounts for 180,458 square feet of available listings. Office space available in Rochester adds up to 100,510 square feet.

Meanwhile, most of the listings of commercial property for sale in Rochester are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Rochester is $18.04 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Rochester can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Rochester, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $35.85 per square foot. In particular, the property type commanding the highest lease rates in Rochester was Office space.

The average size of a commercial property in Rochester depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Rochester, the average size of an office property is 17,513 square feet.
Retail properties here incorporate an average of 31,581 square feet.
Industrial space in Rochester is in buildings that are, on average 25,282 square feet in size.

Rochester, MN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Rochester currently add up to 450,403 square feet. The market offers 17 active office listing(s), which amount to 100,510 square feet and account for 42% of commercial spaces on the market. Local retail availability includes 180,458 square feet across 17 retail space(s). Industrial space for rent opportunities in Rochester amount to 98,435 square feet across a total of 5 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	17	100,510
Retail	17	180,458
Industrial	5	98,435
Other	1	71,000

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Rochester, MN. Currently, there is 233,904 square feet of commercial property for sale here , which includes , 9 retail investment opportunity listing(s) , and 3 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Retail	9	158,566
Industrial	3	63,539
Other	23	11,799

Rochester, MN Commercial Real Estate for Lease - 42 Listings

Marion Road Office Building

Harbor Freight Center

Fairway Place NW Office Building

2nd Street Office Space

Crossroads Shopping Center

2519 Commerce Dr NW

2nd Street SW Retail Space

Elton Hills Retail Center

MN, Rochester - 318 Commons

Retail & Office Building Opening Summer of 2024

Rome Circle Office Building

Shoppes on 2nd

East River Road Warehouse Building

Downtown Professional Building

Gill Center Retail Space

Coworking / Executive Offices in Downtown Rochester

Rome Circle Warehouse

Main Level of The Realty Growth Office

Allegro Park Office Space

1903 Executive Suites

Stone Crossings

Valleyhigh Drive Northwest Flex Building

BRYK on Broadway Coworking Offices - 401 North Broadway Avenue

North Broadway Sub-lease Opportunity

Kersten Building Suite 2

7th St NW Retail Space

Frequently Asked Questions

Rochester, MN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Rochester, MN Commercial Real Estate for Lease - 42 Listings

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Rochester, MN?

What factors affect the price of commercial real estate in Rochester, MN?

What is the average rent for commercial space in Rochester, MN?

What are the best areas for commercial real estate in Rochester, MN?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Rochester, MN?

Rochester, MN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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