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29975362
29975363

4851 Maine Ave SE, Rochester, MN 55904

TF
MN 40347633, IA S67594000
Argus Self Storage Advisors
Listed by Argus Self Storage Advisors
Unpriced
100 days on market
Updated 64 days ago
Under Contract

Self Storage of Rochester

Details
Property Type Self Storage
Sub Type Self Storage
Square Footage 156,816
Net Rentable (SqFt) 58,550
Units 268
Occupancy 88%
Class A
Year Built 2021
Year Renovated 2023-2024
Buildings 4
Acreage 3.600

Class A Self Storage Facility in Rochester, MN

Marketing description

Self Storage of Rochester presents an exceptional opportunity to acquire one of the highest-quality self storage facilities in Rochester. Built in 2021 and expanded in 2023-2024, this modern facility features a diverse mix of drive-up and climate-controlled units designed to serve both residential and commercial customers. The facility is constructed with all-steel buildings, insulated roofs, and concrete drives, and includes high-end finishes such as brush weather strips on doors and powered access for larger units—ensuring durability, operational efficiency, and a superior tenant experience.

Strategically positioned near major retail corridors anchored by Lowe’s, Fleet Farm, and Target, the property benefits from strong visibility and consistent consumer traffic. The facility is fully fenced and gated, equipped with advanced camera systems, and features a professional on-site office with a state-of-the-art gate controller, providing a secure and convenient storage environment. Universal Storage Group assumed operations in June 2025, further enhancing tenant services and operational performance.

With occupancy approaching stabilization, the asset is well-positioned for continued growth and future rental rate upside. Investors can capitalize on the strong demographic and economic fundamentals of the Rochester market, anchored by Mayo Clinic and supported by approximately 5–6% annual job growth. This property combines institutional-quality construction with immediate in-place income, offering a compelling investment opportunity in one of Minnesota’s most dynamic regional markets.

Investment highlights

  • Institutional-Quality Class A Facility – Modern facility built in 2021 with expansions in 2023-2024, featuring all-steel buildings, concrete drive lanes, and premium finishes that ensure durability, efficiency, and tenant satisfaction.

  • High Income Growing Market – Rochester is home to the world renowned Mayo Clinic (largest hospital in the US) which is rapidly expanding with the $5.6 billion Destination Medical Center initiative, driving 5–6% annual job growth, population expansion, and sustained demand for storage services.

  • Optimal Unit Mix – A combination of drive-up and 1st floor climate-controlled units designed to meet the needs of both residential and commercial customers across Rochester’s expanding population base.

  • Professional Management in Place – Operated by Universal Storage Group since June 2025, providing proven expertise in tenant services, operational efficiency, and revenue optimization.

  • Prime Location with Strong Visibility – Strategically positioned near top retail anchors including Lowe’s, Fleet Farm, and Target, drawing consistent demand and benefiting from high-traffic corridors.

Listing Contacts

TF
MN 40347633, IA S67594000
Argus Self Storage Advisors
Listed by Argus Self Storage Advisors

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$332,551.00
$27,712.58/mo

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Additional Information

Name
Tom Flannigan
License
40347633
Brokerage
Keller Williams Integrity Lakes
Brokerage Phone
6128217400
Brokerage Address
800 North Washington Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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