Rochester, Minnesota, is an attractive destination for investors seeking to capitalize on the city's strong economy and growing demand for industrial space. Warehouses in Rochester for sale offer a unique opportunity to tap into the city's thriving healthcare and technology sectors, with the Mayo Clinic and IBM being major employers in the area. These properties can serve as distribution centers, manufacturing facilities, or storage spaces, catering to the needs of various industries. Rochester's strategic location, with easy access to major highways and the Rochester International Airport, makes it an ideal hub for businesses seeking to expand their operations. The city's amenities, including the Quarry Hill Nature Center and the Rochester Art Center, also contribute to its appeal as a great place to live and work. Additionally, Rochester's strong educational institutions, such as the University of Minnesota Rochester and Winona State University, provide a skilled workforce, making it an attractive location for businesses.
With 4 warehouses for sale in Rochester, investors have a range of options to choose from. These properties vary in size, with the average size being 12,240 square feet and the largest being 22,000 square feet. The average price per square foot is $100 USD, and the average cap rate is. In addition to warehouses, Rochester also offers other investment opportunities, including industrial properties, land, residential income homes, and commercial real estate. The city's strong economy, driven by the healthcare and technology sectors, makes it an attractive location for investors seeking to diversify their portfolios. Rochester's amenities, educational institutions, and strategic location make it an ideal place to invest in warehouses and other properties.
What are the key features investors look for in warehouses in Rochester?
When searching for warehouses in Rochester, investors typically look for properties that offer a strategic location, modern amenities, and a strong potential for returns, considering factors such as:
- Average price per square foot of $100 USD and average size of 12,240 square feet, with some properties offering up to 22,000 square feet of space.
- Proximity to major transportation facilities, including Rochester International Airport, U.S. highways 14, 52, and 63, and Interstate 90, ensuring easy access to regional and national markets.
- Average cap rate of , indicating a strong potential for returns on investment, particularly in areas with high demand for warehouse space, such as the Downtown Waterfront district and the Discovery Square area.
What size warehouses are available to buy in Rochester?
When it comes to warehouses for sale in Rochester, you'll find a range of options, with average sizes of 12,240 square feet, and the largest available warehouse spanning 22,000 square feet, offering ample space for various industrial and commercial uses.
How much does it cost to buy a warehouse in Rochester?
When it comes to buying a warehouse in Rochester, the cost can vary depending on several factors, including the size and location of the property, with the average price per square foot being $100 USD and the average size of available listings being 12,240 square feet, ranging up to 22,000 square feet, and with an average cap rate of.
