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2001 Southeast University A...

University Of Minnesota Acquires Retail Property Station 19 For $8 Million In Minneapolis
SOLDRetail

University Of Minnesota Acquires Retail Property Station 19 For $8 Million In Minneapolis

2001 Southeast University Avenue

$8,000,000

Building Size

Asset Type

Retail

Closing

Mar 23, 2026

AI

The asset involved in this transaction is a retail property located at 2001 University Avenue Southeast in the Minneapolis, MN market. The sale was completed for $8 million, as part of a transaction where the University of Minnesota acquired the property, which is known as Station 19.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $8,000,000
  • Address: 2001 University Avenue Southeast
  • Market: Minneapolis, MN

This transaction was exclusively brokered by Hayden Hulsey, CCIM, and Mark Hulsey, both representing Results Commercial. They played a vital role in facilitating the sale of Station 19 to the University of Minnesota, subsequently adding this property to the university’s portfolio.

Players

Mark Hulsey

Re/Max

Broker

$13.2M

vol

2 deals

Broker
Results Commercial
Results CommercialBrokerage

Minneapolis Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.98%

Cash-on-Cash

-0.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93