Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5600 Hwy 169 N New Hope, MN

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Distribution facility with significant loading and highway access.

    Type:INDUSTRIAL
    Property size:
    112,000 SF
    Lot size:
    10.00 Acres
    Added:
    Oct 31, 2025
    Days on Market:
    158
    Last Refresh:
    Apr 1 at 9:41 pm

    Property Features for 5600 Hwy 169 N

    General Information

    Standard status
    Active
    Size
    112,000 SF
    Lot size
    10.00 Acres
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 5600 Hwy 169 N Contact us

    We can help!

    Listing Contact
    John W Young, CCIM

    Listing agent John W Young, CCIM

    Listing office Forte Real Estate Partners, LLC

    Listing date Oct 31, 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 Forte Real Estate Partners, LLC

    Overview

    Distribution Warehouse with Excellent Access

    This 112,000 square foot distribution facility offers excellent access to I-694/94 and Highway 169. It is equipped for bulk distribution, featuring a shipping and receiving office. The property includes 28 existing docks and the potential to add drive-in doors. An ESFR sprinkler system is in place. Racking is available within the warehouse.
    Location Intelligence

    Current Use by Public Records

    Distribution properties

    Map

    City
    New Hope
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.3866
    Latitude
    45.038

    Nearby Similar for Lease

    • $12/mo

      Office Space for Sublease

      Up to 3,000 SF office space available for sublease.
      5621 International Pkwy, New Hope, MN
      View Details
    • $19/mo

      Professional Office Space Available Now

      Move-in ready office space in well-managed New Hope building.
      9401-9413 36th Ave N, New Hope, MN
      View Details
    • Contact for pricing

      Highway Accessible Building For Rent

      25,235 SF building with highway access and strong demographics.
      8805 E Research Center Rd, Suite 8805, New Hope, MN 55428
      View Details
    • Contact for pricing

      Retail Center in New Hope

      Neighborhood retail center with high traffic volume in New Hope.
      2703-2769 Winnetka Ave N, New Hope, MN
      View Details
    • Contact for pricing

      Office Space in New Hope

      Office space available for lease in New Hope, Minnesota.
      7100 Medicine Lake Rd, New Hope, MN
      View Details
    • Contact for pricing

      Functional Distribution Space Available

      Distribution space in a strong Northwest location with outside storage.
      5147-5175 Winnetka Ave N, New Hope, MN
      View Details
    • $7/mo

      Distribution Space on Winnetka Avenue

      Distribution space with 28' clear height and multiple docks.
      4902-4948 Winnetka Ave N, New Hope, MN
      View Details
    • $7/mo

      Warehouse Space with Highway Access

      Well-maintained warehouse bays with convenient highway access and loading docks.
      4920-4980 State Hwy 169, New Hope, MN
      View Details
    • Contact for pricing

      Retail Building on Busy Corner

      Freestanding retail building with pylon sign on a corner.
      7901 Bass Lake Rd, New Hope, MN
      View Details
    • $12/mo

      Office Space Available For Rent

      Office space for rent with contiguous suite option.
      4900 Hwy 169 N, New Hope, MN
      View Details
    • Contact for pricing

      New Hope Warehouse Space

      142,325 SF warehouse space available for lease.
      3440 Winpark Dr, New Hope, MN
      View Details
    • $16/mo

      Versatile Flex Space Available

      10,536 SF flex space suitable for various uses.
      9220 Bass Lake Rd, New Hope, MN
      View Details

    FAQs

    What type of property is this?
    Distribution property - Distribution facility with significant loading and highway access.
    Where is this distribution property located?
    The property is located at 5600 Hwy 169 N New Hope, MN.
    What are key features of this property?
    This property features: Significant loading with 28 existing docks; Excellent access to I‑694/94 and Hwy 169; Bulk distribution facility with shipping and receiving office
    (952) 854-8290 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    John W Young, CCIM
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!