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29943950
29943951

7385 Bush Lake Rd, Edina MN, Edina, MN 55439

NW
MN MN 40030244
WKM Properties
Listed by WKM Properties
$3,950,000
105 days on market
Updated 60 days ago

7385-7399 Bush Lake Road

Details
Property Type Industrial
Sub Type Distribution, Flex (+1)
Square Footage 30,654
Cap Rate 7.52%
NOI $297,000
Occupancy 100%
Tenancy Multi
Lease Type Gross
Price per SqFt $129
Class B
Year Built 1969
Year Renovated 2025
Buildings 1
Stories 1
Acreage 2.350
Zoning Industrial
Investment Type Stabilized
Ceiling Height 16
Loading Docks 8
Sale Condition For sale by owner

Industrial | 7.52% CAP | 30,654 SqFt

Marketing description

30,654 SQFT multi tenant property. 100% Full. Excellent leasing history. Excellent Edina Location. Upcoming opportunity for owner occupancy 10,000 sqft. Or re-sign the current tenants and keep collecting cash flow. Leases are currently gross leases with ability to convert to NNN upon renewal. New roof, new paint, excellent upkeep history, full building upgraded to assembly use with all WAC and SAC paid.

Listing Contacts

NW
MN MN 40030244
WKM Properties
Listed by WKM Properties

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$297,000.00
$24,750.00/mo

Valuation Metrics

0
DSCR
7.52%
Cap Rate
7.52%
ROI

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Additional Information

Name
nathan woodworth
License
MN 40030244
Brokerage
WKM Properties
Title
Broker
Brokerage Address
902 East 2nd Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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