bal plaa barlow plaza · currently, in the u.s., 55.6% of the housing units are owner occupied;...

©2017 Cushman & Wakefield NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE TO THE ACCURACY OR COMPLETENESS OF THE INFORMATION CONTAINED HEREIN, AND SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, WITHDRAWAL WITHOUT NOTICE, AND TO ANY SPECIAL LISTING CONDITIONS IMPOSED BY THE PROPERTY OWNER(S). AS APPLICABLE, WE MAKE NO REPRESENTATION AS TO THE CONDITION OF THE PROPERTY (OR PROPERTIES) IN QUESTION.

451 - 5,470 SF Available

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For more information, please contact:

Cushman & Wakefield 3500 American Blvd. W. Suite 200 Minneapolis, MN 55431cushmanwakefield.com

Ned RukavinaExecutive Director +1 952 820 [email protected]

Barlow Plaza1101 6th Street NW, Rochester, MN 55901Barlow Plaza1101 6th Street NW, Rochester, MN 55901

©2017 Cushman & Wakefield NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE TO THE ACCURACY OR COMPLETENESS OF THE INFORMATION CONTAINED HEREIN, AND SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, WITHDRAWAL WITHOUT NOTICE, AND TO ANY SPECIAL LISTING CONDITIONS IMPOSED BY THE PROPERTY OWNER(S). AS APPLICABLE, WE MAKE NO REPRESENTATION AS TO THE CONDITION OF THE PROPERTY (OR PROPERTIES) IN QUESTION.

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For more information, please contact:

Cushman & Wakefield 3500 American Blvd. W. Suite 200 Minneapolis, MN 55431cushmanwakefield.com

Ned RukavinaExecutive Director +1 952 820 [email protected]

Barlow Plaza1101 6th Street NW, Rochester, MN 55901

Property Highlights BUILDING INFORMATION

Location 11th Avenue & Civic Center Drive

Building Size (GLA) 135,409 square feet

Space Available 451 - 5,470 square feet

TenantsHy-Vee Grocery, Hy-Vee Wine & Spirits, Play It Again Sports, Cost Cutters

# Of Parking Stalls 490

Lease Rate Negotiable

DEMOGRAPHICS 1 MILE 3 MILES 5 MILES

Population 12,736 78,153 115,578

Households 6,390 33,253 46,523

Avg. HH Income $67,404 $85,087 $94,023

Daytime Population 25,883 86,115 96,644

TRAFFIC COUNTS VPD

16th Avenue NW 5,000

Civic Center Drive NW 32,500

11th Avenue NW 13,700

• High volume center anchored by Hy-Vee, one of the top 25 supermarket chains, with sales of $8.7 billion annually

• Main access to Mayo Clinic & Downtown Rochester

• Mayo Clinic is the biggest employer in Rochester, with over than 34,000 employees and $9.8 billion in revenue

• The city of Rochester was named No. 1 by Livibility on its 2016 list of the Top 100 Best Places to Live in the U.S.

• Rochester is also home to the Destination Medical Center (DMC) initiative, a $5.6 billion public-private partnership to ensure that Mayo Clinic and Rochester remain the pre-eminent medical destination for patients from around the world

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Path: I:\INFO\ArcMap\Brokers\Retail\Ned_Rukavina\Rochester-Barlow_Plaza\Workspace\1101_6thStNW-MAP.mxdSources: Cushman & Wakefield|NorthMarq, ESRIThe data used for this graphic has been obtained from sources which we deem reliable. While every effort has been made to report accurate data, Cushman & Wakefield/NorthMarq cannot guarantee the accuracy.

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0 0.65 1.3

MilesFurthermore, we cannot assume responsibility for any omission of data which may occur. It is the responsibility of the user to undergo independent verification before using this graphic for business and/or financial decisions.

OPERATING EXPENSES (2018 ESTIMATES)

CAM & Insurance $2.33 psf

Real Estate Taxes $4.02 psf

Total $6.34 psf

Barlow Plaza

Space # Tenant Square Feet

100 HyVee 77,588

101 Vacant 451

102 Vacant 1,140

103 Vacant 1,233

104 Mestad’s Formal Wear 8,319

105 Nothing Bundt Cake 2,401

106 Casablanca’s 3,063

107 Travel Leaders 1,443

108 Vacant 2,365

110 Reeve Family Dentistry 1,122

111 Vacant 1,008

112 Mega Express Laundry 2,734

113 Vacant 950

114 Chuck & Don’s 4,386

116 HyVee Wine & Spirits 11,962

200 Once Upon A Child 3,622

201 Soccer Advantage 2,538

202 China 1 1,659

203 Magic One Nails 1,458

204La Perla Poblano - Available

1,575

205 Vacant 3,895

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DOWNTOWN ROCHESTER

MAYO CIVIC CENTER

MAYO CLINIC

PLUMMER HOUSE OF ARTS

ROCHESTER SKYLINE

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Executive SummaryRochester - 1115 Civic Dr NWRochester, MNRetail Listing

1 mile 3 miles 5 milesPopulation

2010 Population 11,729 74,139 107,508

2017 Population 12,736 78,153 115,5782022 Population 13,447 81,626 121,858

2010-2017 Annual Rate 1.14% 0.73% 1.00%

2017-2022 Annual Rate 1.09% 0.87% 1.06%

2017 Male Population 46.8% 48.3% 48.5%2017 Female Population 53.2% 51.7% 51.5%2017 Median Age 39.0 37.7 37.2

Currently, the U.S. median age is 38.2 years old.

Population by Employment2017 Civilian Population Base 6,415 41,401 62,081

2017 % Civilian Labor Force Employed 94.9% 96.9% 97.2%

2017 % Civilian Labor Force Unemployed 5.1% 3.1% 2.8%

Occupation Distribution2017 % White Collar Jobs 66.2% 67.0% 69.5%

2017 % Services Jobs 19.7% 18.3% 16.4%

2017 % Blue Collar Jobs 14.1% 14.6% 14.1%

Population by Education2017 Education Base - Population 25 + 9,409 54,246 78,319

Less than 9th Grade 4.6% 3.4% 3.0%

9th - 12th Grade, No Diploma 4.4% 3.5% 3.0%

High School Graduate 15.9% 17.3% 16.3%

GED/Alternative Credential 2.4% 2.7% 2.5%

Some College, No Degree 19.2% 19.3% 18.9%

Associate Degree 9.2% 10.8% 10.8%

Bachelor's Degree 20.6% 23.4% 24.6%

Graduate/Professional Degree 23.8% 19.7% 20.9%

Per Capita Income2017 Per Capita Income $34,037 $36,565 $38,2492022 Per Capita Income $38,636 $40,888 $42,793

2017-2022 Annual Rate 2.57% 2.26% 2.27%

Currently, the U.S. per capita income is $30,820. The per capita income is projected to be $34,828 in five years, for all U.S. households.

Households2010 Households 5,824 31,411 43,326

2017 Total Households 6,390 33,253 46,5232022 Total Households 6,781 34,765 48,984

2010-2017 Annual Rate 1.29% 0.79% 0.99%

2017-2022 Annual Rate 1.19% 0.89% 1.04%

2017 Average Household Size 1.89 2.28 2.43

Median Household Income2017 Median Household Income $49,213 $60,100 $68,0992022 Median Household Income $52,635 $65,073 $75,696

2017-2022 Annual Rate 1.35% 1.60% 2.14%

Currently, the median household income is $56,124for all U.S. households. Median household income is projected to be $77,118 in five years, for all U.S. households.

Source: U.S. Census Bureau, Census 2010 Data. Esri forecasts for 2017 and 2022

November 01, 2017Prepared By Cushman & Wakefield Click Me

©2017 Esri Latitude: 44.028707 Longitude: -92.479828 Page 1 of 2

Executive SummaryRochester - 1115 Civic Dr NWRochester, MNRetail Listing

1 mile 3 miles 5 milesAverage Household Income

2017 Average Household Income $67,404 $85,087 $94,0232022 Average Household Income $76,523 $95,270 $105,491

2017-2022 Annual Rate 2.57% 2.29% 2.33%

Currently, the average household income is $80,675 for all U.S households. Average household income is projected to be $109,982 in five years, for all U.S. households Households by Income

2017 Household Income Base 6,390 33,253 46,523

<$15,000 788 2,412 2,862

$15,000-$24,999 851 3,393 3,939

$25,000-$34,999 676 2,856 3,627

$35,000-$49,999 916 4,593 5,784

$50,000-$74,999 1,177 6,687 8,896

$75,000-$99,999 727 4,547 6,556

$100,000-$149,999 781 4,908 8,044

$150,000-$199,999 279 1,804 3,292

$200,000+ 195 2,053 3,523

Housing

2010 Housing Units 6,467 33,597 45,977Owner Occupied Housing Units 38.2% 61.2% 67.1%

Renter Occupied Housing Units 51.9% 32.3% 27.1%

Vacant Housing Units 9.9% 6.5% 5.8%







Currently, in the U.S., 55.6% of the housing units are owner occupied; 33.1% are renter occupied; and 11.3% are vacant.

Daytime PopulationTotal Employees 25,883 86,115 96,644

Total Businesses 1,010 3,512 4,345

Total Residential Population 12,736 78,153 115,578

Employee/Residential Population Ratio 203 110 84

Top Tapestry Segments1 mile 3 miles 5 miles

Old and Newcomers (8F) Emerald City (8B)Young and Restless (11B) Set to Impress (11D)In Style (5B)

25.2%

20.5%

14.3% 11.2%

10.6%

Rustbelt Traditions (5D)In Style (5B)Young and Restless (11B)Old and Newcomers (8F)Comfortable Empty Nesters (5A)

13.1%12.1%

8.9%7.3%

6.9%

In Style (5B)Rustbelt Traditions (5D)Up and Coming Families (7A)Young and Restless (11B)Comfortable Empty Nesters (5A)

14.9%

9.4%

7.6% 6.3%

5.7%

More information about tapestry descriptions can be found here

Source: U.S. Census Bureau, Census 2010 Data. Esri forecasts for 2017 and 2022

November 01, 2017Prepared By Cushman & Wakefield Click Me

©2017 Esri Latitude: 44.028707 Longitude: -92.479828 Page 2 of 2

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Demographics

bal plaa barlow plaza · currently, in the u.s., 55.6% of the housing units are owner occupied;...

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