601 Apollo | Lino Lakes, MN 55014
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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
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 | $1,425,700 |
| Land Assessment | $748,900 | Total Assessment | $2,174,600 |
PROPERTY TAXES
Parcel Number
08-31-22-43-0037
Land Assessment
$748,900
Improvements Assessment
$1,425,700
Total Assessment
$2,174,600
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