4355 Stebner Rd, Hermantown, MN
Expansive property suitable for retail, warehouse, or mixed-use businesses.
- Added:
- Mar 19, 2025
- Days on Market:
- 454
- Last Refresh:
- May 20 at 8:29 pm
Property Features for 4355 Stebner Rd
General Information
- Standard status
- Active
- Size
- 31,746 SF
- Lot size
- 1.35 Acres
- Property subtype
- RETAIL
Listing agent Greg Follmer License #27078 (218) 310-0013
Listing office Greg Follmer Commercial Real Estate (218) 310-0013
Listing date Mar 19, 2025
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of Greg Follmer Commercial Real Estate
HighLights
- Prime location with high visibility.
- Suited for retail, warehouse, or large‑scale operations.
- Flexible layout accommodates various configurations.
- Strategically located commercial property.
- Ready to meet current needs.
- Adaptable and functional site.
Overview
Local Financial Insights For Retail
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 | $476.2k | $15.00 |
| − Vacancy | −$47.6k | −$1.50 |
| EGI | $428.6k | $13.50 |
| − OpEx | −$128.6k | −$4.05 |
| NOI | $300.0k | $9.45 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Hermantown
- County
- St. Louis
- State
- Minnesota
- Longitude
- -92.1969
- Latitude
- 46.8272
