400 Apollo Dr, Lino Lakes, MN
Well-maintained manufacturing facility with income through April 2027.
- Added:
- Nov 11, 2025
- Days on Market:
- 237
- Last Refresh:
- May 20 at 8:47 pm
Property Features for 400 Apollo Dr
General Information
- Standard status
- Active
- Size
- 19,890 SF
- Lot size
- 2.25 Acres
- Property subtype
- INDUSTRIAL
Listing office Carlson Partners (651) 236-0660
Listing date Nov 11, 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 Carlson Partners
HighLights
- In‑place income through April 30, 2027.
- Ideally suited for manufacturing.
- Ample power throughout.
- Existing lab and quality control spaces.
- Well‑maintained facility.
- Suitable for investors and future owner‑occupants.
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 | $322.2k | $16.20 |
| − Vacancy | −$13.5k | −$0.68 |
| EGI | $308.7k | $15.52 |
| − OpEx | −$92.6k | −$4.66 |
| NOI | $216.1k | $10.86 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lino Lakes
- County
- Ramsey
- State
- Minnesota
- Longitude
- -93.1234
- Latitude
- 45.1745
