9100 49th Ave N, New Hope, MN
17,050 SF flex space with modern finishes and dock.
- Added:
- Apr 9, 2025
- Days on Market:
- 432
- Last Refresh:
- May 20 at 8:30 pm
Property Features for 9100 49th Ave N
General Information
- Standard status
- Active
- Size
- 17,050 SF
- Lot size
- 2.26 Acres
- Property subtype
- INDUSTRIAL
Listing agent Joseph Owen (952) 221-5360
Listing office Colliers (952) 897-7700
Listing date Apr 9, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Colliers
HighLights
- 17,050 SF of flexible space
- Well‑located single‑story building
- Modern open office finishes
- Near Lifetime Fitness, Hy‑Vee, and Caribou Coffee
- Potential to multi‑tenant
- 1 dock door
Overview
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $276.2k | $16.20 |
| − Vacancy | −$11.6k | −$0.68 |
| EGI | $264.6k | $15.52 |
| − OpEx | −$79.4k | −$4.66 |
| NOI | $185.2k | $10.86 |
Alternative Uses
Current Use by Public Records
Map
- City
- New Hope
- County
- Hennepin
- State
- Minnesota
- Longitude
- -93.3866
- Latitude
- 45.038
