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
Minneapolis Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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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