Large-Scale Industrial
For Sale
Contact for pricing
4301 Hwy 7, St Louis Park, MN 55416
For-sale large industrial warehouse opportunity in St. Louis Park, located on Highway 7.
Property Size90,069 SF
Price / SF$138.78
Days on Market96
Property Features for 4301 Hwy 7
General Information
Standard status
Active
Size
90,069 SF
Property subtype
INDUSTRIAL
Additional Details
Business Included
No
Listing Agency:
CBRE - Minnesota
(952) 924-4600
Listed By:
JP Maloney
(612) 791-1171
Source:
Moodyscre
Added: Jun 10
Changed: Sep 9
Last Checked: Sep 12 at 10:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Minnesota
Investment Insights
Based on property information with market context.
Diamond Hill Center offers a large-scale industrial footprint for sale in St. Louis Park, Minnesota. The availability totals 100,000 SF, providing a substantial warehouse/distribution facility for industrial users seeking a centralized operating space.
The property is located at 4301 Hwy 7 in St. Louis Park, and the public remarks describe it as approximately 10 minutes from downtown Minneapolis. This positioning is presented as supportive of shorter delivery travel times.
With a reported building scale of 100,000 SF (and a property size listed at 90,069 SF), Diamond Hill Center is suited for industrial tenants and buyers looking for a sizable warehouse/distribution configuration in an inner-ring Minneapolis suburb.
The property is located at 4301 Hwy 7 in St. Louis Park, and the public remarks describe it as approximately 10 minutes from downtown Minneapolis. This positioning is presented as supportive of shorter delivery travel times.
With a reported building scale of 100,000 SF (and a property size listed at 90,069 SF), Diamond Hill Center is suited for industrial tenants and buyers looking for a sizable warehouse/distribution configuration in an inner-ring Minneapolis suburb.
Key Highlights
- 100,000 SF industrial warehouse availability in St. Louis Park
- Suitable for uses including 3PL, building supply companies, and high‑volume distribution groups
- Located on Highway 7
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$956,430
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.65%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$19,128,600
$19.1M
Cap Rate 7%
$13,663,286
$13.7M
Cap Rate 9%
$10,627,000
$10.6M
Market Conditions
NOI Build-Up for 90,069 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$1.42M $15.72/SF
− Vacancy
−$49.6K −$0.55/SF
EGI
$1.37M $15.17/SF
− OpEx
−$409.9K −$4.55/SF
NOI
$956.4K $10.62/SF
Area
Minneapolis, MN
Vacancy
3.50%
Lease Rate
$15.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$19,128,600
Cap Rate 7%
$13,663,286
Cap Rate 9%
$10,627,000
Alternative Uses
Best Use
Warehouse
$18.74M
$16.40M – $21.87M
NOI $1,312,093 @ 7.0% cap · market cap 10.50%
Second Best
Industrial
$13.66M
$11.96M – $15.94M
NOI $956,430 @ 7.0% cap · market cap 7.65%
Theoretical Best
Office A
$21.49M
$18.80M – $25.07M
NOI $1,504,201 @ 7.0% cap · market cap 12.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,254
Businesses Nearby
Explore this area
Business Placement
Demographics for 55416, MN
34,129
Population
19,197
Households
1.8
Avg Household Size
36
Median Age
73%
College-Educated
98%
High-School Grad
7.3 sq mi
ZIP Area
4,675
Density / Sq Mi
$105,926
Median Household Income
$70,993
Median Earnings
$1,701
Median Rent
$457,300
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Distribution center - For-sale large industrial warehouse opportunity in St. Louis Park, located on Highway 7.
Where is this distribution center located?
The property is located at 4301 Hwy 7 St Louis Park, MN.
What is the asking price?
The asking price for this property is $12,500,000.
What are key features of this property?
This property features: 100,000 SF industrial warehouse availability in St. Louis Park; Suitable for uses including 3PL, building supply companies, and high‑volume distribution groups; Located on Highway 7
