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2219 Edgewood Avenue South

RPM 5 LLC Acquires Industrial Asset From BCK Real Estate LLC In St. Louis Park For $4.5M
SOLDIndustrial

RPM 5 LLC Acquires Industrial Asset From BCK Real Estate LLC In St. Louis Park For $4.5M

2219 Edgewood Avenue South

$4,500,000

$96/SF

Building Size

46,548 SF

Asset Type

Industrial

Closing

Sep 26, 2025

AI

RPM 5 LLC purchased an industrial property located at 2219 Edgewood Avenue South in St. Louis Park, MN. The property spans 46,548 square feet and was sold for $4.5 million, translating to approximately $97 per square foot.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $4,500,000
  • Address: 2219 Edgewood Avenue South
  • Market: St. Louis Park, MN
  • Square Footage: 46,548
  • Price per Square Foot: $97

Cushman & Wakefield represented the seller, BCK Real Estate LLC, in this transaction, while the buyer, RPM 5 LLC, represented itself. Brokers involved in the transaction included Hudson Brothen, Jake Kelly, and Kris Smeltzer.

Players

Hudson Brothen

Cushman & Wakefield

Broker

$4.5M

vol

1 deal

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage

Minneapolis Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.53%

Cash-on-Cash

-1.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93