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13135 Main St 5,807 SF 100% Leased Retail Building Rogers, MN 55374 $2,975,000 ($512.31/SF) 6% Cap Rate

Investment Highlights
- The property features a diverse mix of national tenants; Dunkin Donuts, Prose Nails, and Jersey Mike's Subs.
- Rogers is a strong retail trade area with limited retail vacancy.
- The property is conveniently situated on the main exit of I-94 in Rogers.
Executive Summary
This fully leased retail strip center in Rogers, MN offers a strong investment opportunity with a stable income stream and a 6% CAP rate. Built in 2019, the property spans 5,193 SF on a 0.75-acre lot and features a diverse mix of national tenants, including Dunkin Donuts, Prose Nails, and Jersey Mike’s Subs. Additionally, the center shares access with Freddy’s Frozen Custard and Steakburgers, enhancing customer traffic and visibility. Strategically located off the main exit of I-94, the property benefits from excellent accessibility and exposure in a growing trade area with limited retail vacancy. Rogers is recognized as a key retail hub serving the northwest metro, making this asset a compelling choice for investors seeking long-term stability and strong tenant performance.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
5,807 SF
Building Class
B
Year Built
2019
Price
$2,975,000
Price Per SF
$512.31
Cap Rate
6%
NOI
$178,500
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
0.75 AC
Zoning
Commercial - Commercial
Parking
56 Spaces (9.64 Spaces per 1,000 SF Leased)
Frontage
141’ on Main Street
Amenities
- Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 23-120-23-21-0033 | Improvements Assessment | $2,195,000 |
| Land Assessment | $555,000 | Total Assessment | $2,750,000 |
Property Taxes
Parcel Number
23-120-23-21-0033
Land Assessment
$555,000
Improvements Assessment
$2,195,000
Total Assessment
$2,750,000
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13135 Main St
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