facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Minneapolis

/

Industrial

/

Sale

/

169 Winnetka Ave N Golden V...

Updated Oct 29, 2024

SOLDIndustrial

PCCP Acquires Industrial Properties In Brooklyn Park From United Properties For $35.2M

169 Winnetka Ave N Golden Valley, Mn, Usa

$35,200,000

Building Size

Asset Type

Industrial

Closing

Jun 30, 2023

About this deal

AI

The industrial properties located at Hwy 169 @ Hwy 610 & 9405 Winnetka Avenue North in Brooklyn Park, Minneapolis have been sold in a transaction worth $35,200,000. The properties span over an area of 16.46 acres and are situated in the Northcross Business Park. The sale was facilitated by United Properties, represented by Matt Van Slooten, and the buyer is PCCP. One of the properties also serves as the U.S. headquarters of Nilfisk.

Summary of transation details

  • Property Type: Industrial
  • Transaction Amount: $35,200,000
  • Address: Hwy 169 @ Hwy 610 & 9405 Winnetka Avenue North
  • Market: Brooklyn Park, Minneapolis
  • Acres: 16.46

PCCP, the buyer in this transaction, has acquired two industrial properties in Brooklyn Park for a total of $35.2 million. The properties not only include a Tesla warehouse but also house the U.S. headquarters of Nilfisk. United Properties, represented by Matt Van Slooten, acted as the seller in this deal.

Players

PCCP
PCCPBuyer
United Properties
United PropertiesSeller

Golden Valley Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Deal FAQ

Browse Golden Valley industrial sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.45%

Cash-on-Cash

-0.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets