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Residence at Discovery Square 511 3rd Ave
1,500 - 7,352 SF of Retail Space Available in Rochester, MN 55902
Highlights
- Prime location within a Class A 129-Unit Apartment Complex
- Versatile and customizable floor plans
- Ideal space for professional offices, retail, or restaurant use
- Street-level positioning for maximum visibility
- Proximity to Discovery Square and Mayo Clinic's Downtown Campus
- Excellent leasing terms and support for tenant needs
all available space(1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Condition
- Available
Introducing a prime lease opportunity centrally located within a Class A 129-unit apartment complex. This property offers maximum visibility with street-level positioning, complemented by versatile floor plans and an abundance of natural light. Tenants will benefit from an intelligent and motivated landlord committed to their success, ensuring an ideal environment for professional offices, retail, or restaurant use. The property's professional and attractive curb appeal further enhances its appeal, providing diverse opportunities for creating a tailored workspace. With excellent leasing terms and dedicated support for tenant needs, this space presents a compelling opportunity for businesses seeking a prestigious and accommodating setting to thrive.
- Lease rate does not include utilities, property expenses or building services
- Finished Ceilings: 12’ - 15’
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| 1st Floor | 1,500-7,352 SF | 5-20 Years | $21.50 /SF/YR $1.79 /SF/MO $231.42 /m²/YR $19.29 /m²/MO $13,172 /MO $158,068 /YR | Retail | Shell Space | Now |
1st Floor
| Size |
| 1,500-7,352 SF |
| Term |
| 5-20 Years |
| Rental Rate |
| $21.50 /SF/YR $1.79 /SF/MO $231.42 /m²/YR $19.29 /m²/MO $13,172 /MO $158,068 /YR |
| Space Use |
| Retail |
| Condition |
| Shell Space |
| Available |
| Now |
1st Floor
| Size | 1,500-7,352 SF |
| Term | 5-20 Years |
| Rental Rate | $21.50 /SF/YR |
| Space Use | Retail |
| Condition | Shell Space |
| Available | Now |
Introducing a prime lease opportunity centrally located within a Class A 129-unit apartment complex. This property offers maximum visibility with street-level positioning, complemented by versatile floor plans and an abundance of natural light. Tenants will benefit from an intelligent and motivated landlord committed to their success, ensuring an ideal environment for professional offices, retail, or restaurant use. The property's professional and attractive curb appeal further enhances its appeal, providing diverse opportunities for creating a tailored workspace. With excellent leasing terms and dedicated support for tenant needs, this space presents a compelling opportunity for businesses seeking a prestigious and accommodating setting to thrive.
- Lease rate does not include utilities, property expenses or building services
- Finished Ceilings: 12’ - 15’
PROPERTY FACTS FOR 511 3rd Ave , Rochester, MN 55902
| No. Units | 129 | Apartment Style | Mid Rise |
| Min. Divisible | 1,500 SF | Building Size | 174,020 SF |
| Property Type | Multifamily | Year Built | 2018 |
| Property Subtype | Apartment |
| No. Units | 129 |
| Min. Divisible | 1,500 SF |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Size | 174,020 SF |
| Year Built | 2018 |
About the Property
Located in the vibrant heart of Rochester, MN, this bustling area offers a desirable mix of foot traffic and cultural attractions, ideal for retail and street retail tenants. Situated near the renowned Mayo Clinic's Downtown Campus and the lively Discovery Square, the location provides an unparalleled opportunity for businesses to establish a presence in a thriving, sought-after market. Surrounding the area are an array of amenities, including upscale dining, charming boutiques, and entertainment venues, creating a dynamic and supportive environment for retail endeavors. With its proximity to major transportation routes and a diverse consumer base, this prime location offers an ideal blend of urban connectivity and suburban ease, making it a compelling choice for retail businesses seeking a landmark address in Rochester.
Features and Amenities
- 24 Hour Access
- Property Manager on Site
- On-Site Retail
- Renters Insurance Program
- Elevator
- Hearing Impaired Accessible
- Maintenance on site
- Online Services
- Vision Impaired Accessible
- Individual Locking Bedrooms
- Private Bathroom
Nearby Major Retailers
-
AJ Hawkins -
North Rock Real Estate, LLC
Presented by
Residence at Discovery Square | 511 3rd Ave
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