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TJ Maxx Plaza 1290-1300 Salem Rd SW 1,500 - 5,330 SF of Retail Space Available in Rochester, MN 55902
HIGHLIGHTS
- Great access and heavy traffic area
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 250 | 3,830 SF | Negotiable | $26.52 CAD/SF/YR $2.21 CAD/SF/MO $101,581 CAD/YR $8,465 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 400 | 1,500 SF | Negotiable | $30.71 CAD/SF/YR $2.56 CAD/SF/MO $46,065 CAD/YR $3,839 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 250
Previous tenant was a salon. Very high traffic mall with multiple national and local tenants including TJ Maxx, Aspen Dental, Firehouse Subs, Budget Blinds and Kwik Trip. Freshly remodeled with very light and bright decor. Plenty of surface parking, easy access to major roads and highways, restaurants, shopping and residential areas.
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
1st Floor, Ste 400
1500 sf in a very very high traffic mall. Tenants include TJ Maxx, Aspen Dental, Firehouse Subs, Star Ocean Buffet, H & R Block, Pine Needles Quilt and Sew, Petals & Polish Nail Salon, Cricket Wireless, Sun Tan City, Budget Blinds, Sally Beauty, Conger Meats, Knights Mensware and Kwik Trip. This space has a large open retail area along with a back store room and has a brand new HVAC system installed in 2025. This fantastic location has an abundance of parking and easy access to major highways. Don't miss out on this opportunity!
- Lease rate does not include utilities, property expenses or building services
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.
SITE PLAN
SELECT TENANTS AT TJ MAXX PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Burn Boot Camp
- Fitness
- 521
- National
- Cricket
- Wireless Communications
- 5,994
- National
- Firehouse Subs
- Sub Sandwich
- 1,472
- International
- KAAL TV
- -
- 1
- -
- Knight's Menswear
- Other Retail
- 1
- Local
- Pine Needles Quilt And Sew
- Art/Crafts
- 1
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Burn Boot Camp | Fitness | 521 | National |
| Cricket | Wireless Communications | 5,994 | National |
| Firehouse Subs | Sub Sandwich | 1,472 | International |
| KAAL TV | - | 1 | - |
| Knight's Menswear | Other Retail | 1 | Local |
| Pine Needles Quilt And Sew | Art/Crafts | 1 | Local |
PROPERTY FACTS
| Total Space Available | 5,330 SF | Year Built/Renovated | 1985/2020 |
| Property Type | Retail | Parking Ratio | 6.63/1,000 SF |
| Gross Leasable Area | 115,173 SF | Cross Streets | Rte. 8 & 16th St. |
| Total Land Area | 11.67 AC |
| Total Space Available | 5,330 SF |
| Property Type | Retail |
| Gross Leasable Area | 115,173 SF |
| Total Land Area | 11.67 AC |
| Year Built/Renovated | 1985/2020 |
| Parking Ratio | 6.63/1,000 SF |
| Cross Streets | Rte. 8 & 16th St. |
ABOUT THE PROPERTY
This mall was renovated in 2020 with new store fronts. Fantastic location, very high traffic and many well know tenants such as TJ Maxx, Sun Tan City, Aspen Dental, Firehouse Subs, H & R Block, Pine Needles Quilt and Sew, Petals and Polish, Burn Boot Camp, Knight's Mensware, Budget Blinds, Kwik Trip and more. Don't miss out on this opportunity.
NEARBY MAJOR RETAILERS
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TJ Maxx Plaza | 1290-1300 Salem Rd SW
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