601 Apollo | Lino Lakes, MN 55014
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This Retail Property is no longer advertised on LoopNet.ca.
601 Apollo
Lino Lakes, MN 55014
Starbucks/Heartland Dental · Retail Property For Sale
Investment Highlights
- The leases are directly with credit tenants, Starbucks Corporation and Heartland Dental, LCC, and both tenants are on net leases with 10 years of term
- The property is situated directly adjacent to a Target and a Kohl's and the greater center is highly visible from I-35W, which carries nearly 39k VPD
- Within a three-mile radius, the average household income is over $142,000
- The property has a value-add component with potential for an on-site ATM, which could add thousands of dollars of annual income to the center
- The site is located on the signalized corner of Lake Dr (19k+ VPD) and Apollo Dr (8k+ VPD)
PROPERTY FACTS
Property Type
Retail
Property Subtype
- Freestanding
- General Retail Fast Food
- General Retail Restaurant
- Office Medical
Building Size
6,440 SF
Building Class
B
Year Built
2023
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
1.32 AC
PROPERTY TAXES
Parcel Number | 08-31-22-43-0037 | Improvements Assessment | $2,027,345 |
Land Assessment | $1,064,936 | Total Assessment | $3,092,281 |
PROPERTY TAXES
Parcel Number
08-31-22-43-0037
Land Assessment
$1,064,936
Improvements Assessment
$2,027,345
Total Assessment
$3,092,281
Listing ID: 29820477
Date on Market: 2023-10-18
Last Updated:
Address: 601 Apollo, Lino Lakes, MN 55014
The Retail Property at 601 Apollo, Lino Lakes, MN 55014 is no longer being advertised on LoopNet.ca. Contact the broker for information on availability.
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