Office for Sale in Rochester, MN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Rochester, MN 55902

Description

One Discovery Square is an 81,000 square foot state-of-the-art purpose-built life science building designed to foster collaboration and innovation. It is professionally programmed to create a culture of collaboration with building amenities that are strategically designed to foster an interactive culture with an advanced healthcare innovation ecosystem.

Market Context

This office in Rochester, MN is listed for sale. It has been on the market for 93 days. Compare it against other office listings for sale in Rochester, MN — <a href="/search/sale/office/minnesota/rochester">view the full market</a>.

As of Q4 2021, the Rochester office market showed average asking rents near $56.40/SF/yr, and rents up 7.4% year over year. Source: Consensus Q4 2021 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Unified Estimate

Very Low Confidence

$42.74/SF – $57.82/SF

Mid: $50.28/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market charleston (similarity: 100%) with 10 comparable listings.

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