326 E Central Entrance, Duluth, MN 55811
9,600 SF retail space available for purchase.
- Added:
- Apr 27, 2023
- Days on Market:
- 1167
- Last Refresh:
- Jul 5 at 4:15 am
Property Features for 326 E Central Entrance
General Information
- Standard status
- Active
- Size
- 9,600 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1976
Listing office Follmer Commercial Real Estate (218) 310-0013
Listing date Apr 27, 2023
Source Crexi
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 Follmer Commercial Real Estate
HighLights
- For sale
- Year Built: 1976
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 | $144.0k | $15.00 |
| − Vacancy | −$14.4k | −$1.50 |
| EGI | $129.6k | $13.50 |
| − OpEx | −$38.9k | −$4.05 |
| NOI | $90.7k | $9.45 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Duluth
- County
- St. Louis
- State
- Minnesota
- Longitude
- -92.123975
- Latitude
- 46.799847
