Retail Space / Minnesota / Rochester / 55901 / 1970 36th Avenue Northwest

1970 36th Avenue Northwest

Rochester, MN 55901

Listing ID: 300618

$2,160,000

For Sale

Property Type Retail for Sale : Free Standing Building
Lot Size Acres 0.550
Building Sq Ft 4,000
Building Price per Sq Ft $540.00
Land Sq Ft 23,958
Land Price per Sq Ft $90.16
NOI $118,800
CAP Rate % 5.50

1970 36th Avenue Northwest | for Sale | Thumbnail 2

Property Highlights

• Sherwin Williams is an investment grade BBB S&P rated tenant with over 4,800 locations and revenues of $19.9 billion

• Located 3 1/2 miles away is the Mayo Clinic, which is ranked #1 Best Hospital in the nation (U.S. News & Wo

• The property is well located near Costco, Caribou Coffee, McDonald’s, Kwik Trip, ALDI, Starbucks, Sleep Number.

• Traffic counts average 27,000 vehicles per day on W Circle Drive and 36,000 vehicles per day on Highway 14.

• This Sherwin Williams is on a Double Net lease with 4 years and 5 months remaining.

• Strong demographics within a 5-mile radius, with a population of 111,777

Description

This Sherwin Williams property is located near West Circle Drive, where traffic counts average 27,000 vehicles per day and 36,000 vehicles per day on Highway 14. Strong demographics within a 5-mile radius, with a population of 111,777 and average household income of $116,982. This property is well located near Costco, ALDI, Kwik Trip, Starbucks, Caribou Coffee, and more.

Attachments & Files

sherwin-williams---rochester-mn-36th-avenue-nw--39D.pdf

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Listing Demographics for 1970 36th Avenue Northwest Rochester, MN 55901

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		4,746	58,701	101,180
Population Median Age		35	37	38
Population by Age	0-9 Yrs	899 (18%)	8604 (14%)	13484 (13%)
	10-19 Yrs	523 (11%)	6055 (10%)	11554 (11%)
	20-29 Yrs	735 (15%)	10084 (17%)	15392 (15%)
	30-39 Yrs	715 (15%)	9267 (15%)	14877 (14%)
	40-49 Yrs	455 (9%)	5949 (10%)	11661 (11%)
	50-59 Yrs	526 (11%)	6749 (11%)	12369 (12%)
	60-69 Yrs	565 (11%)	5803 (9%)	10432 (10%)
	70+ Yrs	328 (6%)	6190 (10%)	11411 (11%)

Median HH Income		$72,397	$73,497	$73,449
Total Household Income	< 24K	254 (13%)	3809 (15%)	6437 (15%)
	25-49K	360 (19%)	4467 (18%)	7762 (18%)
	50-74K	363 (19%)	4376 (17%)	7588 (17%)
	75-99K	293 (15%)	3932 (15%)	6291 (14%)
	100-199K	537 (28%)	6446 (26%)	11040 (25%)
	200K+	71 (3%)	1729 (6%)	3553 (8%)

Highest Education Level	No Diploma	197	2435	4083
	Diploma or GED	486	6585	12639
	Some College	677	6364	11370
	Assoc. Degree	337	4525	7864
	Bachelors Degree	737	11219	18688
	Higher Degree	556	8309	14611

Total Housing Units		1,903	25,936	45,014
--Owner-Occupied		1,435	15,327	27,786
--Renter-Occupied		444	9,433	14,884
Owner-Occupied Values	< 100K	52	803	1861
	100-199K	763	5854	10280
	200-299K	369	5076	8037
	300-399K	137	1989	3847
	400-499K	47	770	1904
	500K+	67	835	1857

Total Working Age Population		3,492	46,179	80,445
In Work Force		2,581	32,871	56,401
Not In Work Force		911	13,308	24,044
Workforce Employed		2,463	31,693	54,002
Workforce Unemployed		103	1,142	2,345
Civlian Workforce		2,566	32,836	56,347
Military Workforce		15	35	53

Total Households		1,879	24,760	42,670
Family Households		1,223	14,176	25,152
Non-Family Households		656	10,584	17,518
Married Couple		917	11,178	19,900
Other Family		306	2,998	5,252
Married w/Child		380	4,690	8,118
Single Male w/Child		34	448	764
Single Female w/Child		93	1,343	2,409

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Minnesota	4,919,479	+8	5,303,925	+7	5,687,161	+5	5,974,304
Olmsted County	124,277	+16	144,248	+11	159,558	+6	168,996

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views

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