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835 38th St NW 10,225 SF of Industrial Space Available in Rochester, MN 55901
Sublease Highlights
- Centrally Located Warehouse Space (heated)
- 1 loading dock and 1 drive-in door
- Sublease through 2030
- Ample parking and easy access to HWY 52 and HWY 63
- MX-G Zoning allows for a variety of commercial / industrial uses
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 10,225 SF | Dec 2030 | $10.00 /SF/YR $0.83 /SF/MO $102,250 /YR $8,521 /MO | Full Service |
1st Floor
- Sublease space available from current tenant
- Rate includes utilities, building services and property expenses
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 835 38th St NW, Rochester, MN 55901
- Tenant
- Description
- US Locations
- Reach
- Arnold's Supply & Kleenit Co.
- Cleaners
- 1
- -
- Kevin Lowery
- -
- 1
- -
| Tenant | Description | US Locations | Reach |
| Arnold's Supply & Kleenit Co. | Cleaners | 1 | - |
| Kevin Lowery | - | 1 | - |
Property Facts
| Total Space Available | 10,225 SF | Year Built | 1994 |
| Property Type | Retail | Parking Ratio | 1.82/1,000 SF |
| Gross Leasable Area | 19,207 SF |
| Total Space Available | 10,225 SF |
| Property Type | Retail |
| Gross Leasable Area | 19,207 SF |
| Year Built | 1994 |
| Parking Ratio | 1.82/1,000 SF |
About the Property
Located at the NW corner of 37th Street NW and West Riverparkway NW. This property enjoys easy access to HWY 52, HWY 63 and downtown Rochester (Mayo Clinic) all within minutes driving. Property is located adjacent to the City of Rochester's Development Services and Infrasture Center as well as the Rochester Police Department. Area retailers include, HyVee, Starbucks, Wells Fargo, Enterprise, Circle K and many local restaurants & service businesses.
Nearby Major Retailers
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835 38th St NW
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