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Multi-Tenant Industrial Warehouse

7500 W 27th St St Louis Park, MN 55426

7500 W 27th St, St Louis Park, MN, 55426
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For Sale
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Warehouse building with 16' clear height, loading docks, drive-in door, and divisible 5,000 SF unit configuration.

Property Size15,000 SF
Price / SF$213.33
Days on Market78

Property Features for 7500 W 27th St

General Information

Standard status
Active
Size
15,000 SF
Property subtype
INDUSTRIAL
Listing agency Business Centers
Listed by Harrison Smith
Source Moodyscre
Added: May 6 Updated: Jul 21 at 11:23PM Checked: Jul 21 at 11:23PM

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 Business Centers


Investment Insights

Based on property information with market context.

A well-maintained industrial warehouse built between 1968 and 1970, offering approximately 16' clear ceiling height. The building is divisible into three separate 5,000 SF units, and includes loading improvements consisting of two 8' x 8' dock doors and one 12' x 12' drive-in door. Each unit is equipped with its own restroom and a small office/workspace area. Power service is 3,000 amps with 3-phase capacity noted for each unit, and the property also features rooftop solar panels and shared parking for 42 vehicles.

The property is located at 7500 W 27th St in Saint Louis Park and sits on approximately 1.26 acres (lot dimensions reported as approximately 245' x 355'). The configuration provides multiple access points suitable for warehouse and flex industrial use, with the current use listed as warehouse/flex industrial.

The asset is zoned for industrial use. The sale is offered on an as-is basis or subject to inspection. The building is currently leased by a single tenant for one more year, with the lease potentially extendable or the space potentially usable as an owner-occupied facility.

Key Highlights

  • 15,000 SF industrial warehouse divisible into three 5,000 SF units for flexible single- or multi‑tenant use
  • 16' clear ceiling height with 2 dock doors (8x8') and 1 drive‑in door (12x12')
  • 1.26‑acre lot (54,861 SF) with approx. 245' x 355' dimensions and multiple access points

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $266.4k $17.76
− Vacancy −$9.3k −$0.62
EGI $257.1k $17.14
− OpEx −$38.6k −$2.57
NOI $218.5k $14.57
15,000 SF · lease $17.76/SF/yr · vacancy 3.50% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$3.12M
$2.73M – $3.64M (±1% cap)
NOI $218,515 @ 7.0% cap · market cap 6.83%
Second Best
Office B
$2.68M
$2.34M – $3.12M (±1% cap)
NOI $187,450 @ 7.0% cap · market cap 5.86%
Theoretical Best
Office A
$3.58M
$3.13M – $4.18M (±1% cap)
NOI $250,508 @ 7.0% cap · market cap 7.83%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

PHI Decks Showroom Construction Company All Weigh Automation Industrial Manufacturer JJ Global Solutions Consultant Howard Hoops Basketball ... Gym & Fitness Center Nic Frost Cabinetry General Contractor

Suggested Use

Law Firm Real Estate Agency Hair Salon Restaurant Nail Salon Spa & Massage Center Dental Office Pharmacy Skin Care Clinic HVAC Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Flex space - Warehouse building with 16' clear height, loading docks, drive-in door, and divisible 5,000 SF unit configuration.
Where is this flex space located?
The property is located at 7500 W 27th St St Louis Park, MN.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: 15,000 SF industrial warehouse divisible into three 5,000 SF units for flexible single- or multi‑tenant use; 16' clear ceiling height with 2 dock doors (8x8') and 1 drive‑in door (12x12'); 1.26‑acre lot (54,861 SF) with approx. 245' x 355' dimensions and multiple access points
Contact an agent
(952) 929-8825 Call to check price and availability
More about this property
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