555 W Broadway Ave, Forest Lake, MN
Multitenant retail center in the Broadway Business district.
- Added:
- Nov 19, 2025
- Days on Market:
- 206
- Last Refresh:
- May 20 at 9:21 pm
Property Features for 555 W Broadway Ave
General Information
- Standard status
- Active
- Size
- 12,480 SF
- Lot size
- 0.34 Acres
- Property subtype
- RETAIL
Listing agent Jon Whitcomb License #40365516 (651) 351-5130
Listing office Metro East Commercial Real Estate (651) 351-5130
Listing date Nov 19, 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 Metro East Commercial Real Estate
HighLights
- Prominent multitenant retail center.
- Located in the center of the Broadway Business district.
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 | $224.6k | $18.00 |
| − Vacancy | −$15.7k | −$1.26 |
| EGI | $208.9k | $16.74 |
| − OpEx | −$62.7k | −$5.02 |
| NOI | $146.2k | $11.72 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Coinstar Kiosk | Bitcoin ATM — 2013 W Broadway Ave, Forest Lake, MN 55025
- Coin Cloud Bitcoin ATM — 2013 W Broadway Ave, Forest Lake, MN 55025
Location Insight
- Map
- Local Demand
- City
- Forest Lake
- County
- Washington
- State
- Minnesota
- Longitude
- -92.9852
- Latitude
- 45.2789
