1835 Energy Park Dr, St Paul, MN
Warehouse with easy access to major routes and amenities.
- Added:
- Aug 8, 2023
- Days on Market:
- 1064
- Last Refresh:
- May 20 at 9:26 pm
Property Features for 1835 Energy Park Dr
General Information
- Standard status
- Active
- Size
- 28,650 SF
- Lot size
- 2.98 Acres
- Property subtype
- INDUSTRIAL
Listing office Cushman & Wakefield (952) 893-8895
Listing date Aug 8, 2023
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 Cushman & Wakefield
HighLights
- Easy access to MN‑280, I‑94, Snelling Ave and 35W
- Great central location
- Many amenities nearby
- Potential for outdoor storage
Overview
Local Financial Insights For Warehouse
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 | $350.7k | $12.24 |
| − Vacancy | −$24.2k | −$0.84 |
| EGI | $326.5k | $11.40 |
| − OpEx | −$49.0k | −$1.71 |
| NOI | $277.5k | $9.69 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Iron Mountain — 2085 Ellis Ave, St Paul, MN 55114
- Chad's Family Warehouse & Logistics — 2327 Wycliff St, St Paul, MN 55114
- Mn Tobacco Document Depository — 1045 Westgate Dr #40, St Paul, MN 55114
- Public Storage — 1385 N Hunting Valley Rd, St Paul, MN 55108
Location Insight
- Map
- Local Demand
- City
- St Paul
- County
- Dakota
- State
- Minnesota
