Industrial Property with Painted
For Sale
Contact for pricing
5720 35th St W, St Louis Park, MN 55416
The property offers direct access to Hwy 7 and Hwy 100 in St. Louis Park.
Property Size6,425 SF
Price / SF$175
Days on Market11
Property Features for 5720 35th St W
General Information
Standard status
Active
Size
6,425 SF
Property subtype
INDUSTRIAL
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
Cushman & Wakefield
(952) 831-1000
Listed By:
Hudson Brothen
(612) 730-4473
Source:
Moodyscre
Added: Sep 25
Changed: Oct 1
Last Checked: Oct 4 at 9:45AM
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 Cushman & Wakefield
Investment Insights
Based on property information with market context.
This industrial property contains 6,425 square feet and has a recently painted exterior. It is located in St. Louis Park, Minnesota, with direct access to Hwy 7 and Hwy 100.
Key Highlights
- 6,425‑square‑foot industrial property
- Direct access to Hwy 7 and Hwy 100
- Exterior recently painted
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$68,226
Cap Rate
6.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,364,520
$1.4M
Cap Rate 7%
$974,657
$974.7K
Cap Rate 9%
$758,067
$758.1K
Market Conditions
NOI Build-Up for 6,425 SF
Gross rent
$101.0K $15.72/SF
− Vacancy
−$3.5K −$0.55/SF
EGI
$97.5K $15.17/SF
− OpEx
−$29.2K −$4.55/SF
NOI
$68.2K $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 Rate 5%
$1,364,520
Cap Rate 7%
$974,657
Cap Rate 9%
$758,067
Alternative Uses
Best Use
Industrial
$974.7K
$852.8K – $1.14M
NOI $68,226 @ 7.0% cap · market cap 6.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.53M
$1.34M – $1.79M
NOI $107,301 @ 7.0% cap · market cap 9.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,961
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Industrial property - The property offers direct access to Hwy 7 and Hwy 100 in St. Louis Park.
Where is this industrial property located?
The property is located at 5720 35th St W St Louis Park, MN.
What is the asking price?
The asking price for this property is $1,124,375.
What are key features of this property?
This property features: 6,425‑square‑foot industrial property; Direct access to Hwy 7 and Hwy 100; Exterior recently painted
