601 Apollo dr
Lino Lakes, MN 55014
Starbucks/Heartland Dental · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Both Starbucks and Heartland Dental are on net leases with 10 years of term and built-in rent escalations
- The property is situated directly adjacent to a Target and a Kohl's, both of which will drive traffic to the center
- The site is located on the signalized corner of Lake Dr (19k+ VPD) and Apollo Dr (8k+ VPD)
- Both 10-year leases are directly signed with the parent corporations.
- The greater center is highly visible from I-35W, which carries nearly 39,000 vehicles per day (VPD) in the area
- Within a three-mile radius, the average household income is over $142,000
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
6,440 SF
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 |
