Genesis Group Homes Inc. Acquires Mixed-Use Property In Brooklyn Park For $4.1M With Jeff Hart's Representation
9401 Winnetka Avenue North
$4,100,000
$116/SF
Building Size
35,241 SF
Asset Type
Mixed-use
Closing
Feb 13, 2026
About this deal
AI
A mixed-use property located at 9401 Winnetka Avenue North in Brooklyn Park has been sold for $4,100,000. This 35,241-square-foot asset, sitting on 4.61 acres, features a combination of office and warehouse space, including 17,534 square feet designated for office use and 14,702 square feet for warehouse purposes.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $4,100,000
- Sale Date: 02/13/2026
- Address: 9401 Winnetka Avenue North
- Market: Brooklyn Park
- Broker: Jeff Hart - Suntide Commercial Realty
- Seller: Jaxel Properties LLC
- Buyer: Genesis Group Homes Inc.
- Parking Stalls: 123
- Year Built: 2003
Genesis Group Homes Inc. will lease the property from 9401 Winnetka Avenue North LLC, the buyer involved in the transaction. Jeff Hart represented seller Jaxel Properties LLC throughout the process.
Minneapolis Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93