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

/

Minnesota

/

Industrial

/

Sale

/

7975 Wallace Road

360 Wall Systems Sells Industrial Property At 7975 Wallace Road In Eden Prairie For $5.7M
SOLDIndustrial

360 Wall Systems Sells Industrial Property At 7975 Wallace Road In Eden Prairie For $5.7M

7975 Wallace Road

$5,700,000

Building Size

Asset Type

Industrial

Closing

May 30, 2025

AI

The property involved in the transaction is located at 7975 Wallace Road in Eden Prairie, MN. It is categorized as an industrial asset and sold for $5,700,000. The transaction included a new 10-year triple-net lease signed by the seller, 360 Wall Systems.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $5,700,000
  • Address: 7975 Wallace Road
  • Market: Eden Prairie, MN
  • Seller: 360 Wall Systems
  • Broker: Max Mantey - Brisky Net Lease
  • Lease Type: 10-year triple-net lease
  • Subtenant: Hagen Automotive

Max Mantey represented the seller, 360 Wall Systems, in this transaction, highlighting the involvement of Brisky Net Lease in brokering the sale-leaseback agreement. Hagen Automotive is noted as a long-term subtenant remaining in the building following the lease agreement.

Players

Max Mantey

Brisky Net Lease

Broker

$5.7M

vol

1 deal

Broker

Eden Prairie 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

2.78%

Cash-on-Cash

-0.80%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93