RECENT TRANSACTIONS

VICTORIA VETERINARIAN CLINIC
2160 Arboretum Boulevard
Victoria, MN

Sale Price: $1,200,000

BLACK SHEEP COFFEE
705 Southview Boulevard
South St. Paul, MN

Sale Price: $550,000

MAACO/ADAGO
6244 Cedar Avenue South
Richfield, MN

Sale Price: $3,250,000

LIONSGATE ACADEMY
2342 Helen Street
St. Paul, MN

Sale Price: $3,600,000

MONTROSE MINI STORAGE
350 Nelson
Montrose, MN

Sale Price: $320,000

SOUTHTOWN PLUMBING
6626-6628 Penn Avenue South
Richfield, MN

Sale Price: $400,000

DELANO EAST
600 Babcock Boulevard E
Delano, MN

28,500 SF Multi Tenant Neighborhood Center
Sale Price: $1,050,000
Price PSF: $37
CAP Range: 8.0%

CROSSROADS CENTER
223 W 33rd Street
Hastings, MN

76,083 SF Grocery Anchored Retail Center
Sale Price: $4,995,000
Price PSF: $66
CAP Range: 8.5%

ROSEMOUNT STRIP CENTER
15065 Canada Avenue
Rosemount, MN

5,060 SF Multi Tenant Neighborhood Center
Sale Price: $2,400,000
Price PSF: $474
CAP Range: 6.28%

US BANK BRANCH
177 Saint Croix Trail S
Lakeland, MN

3,090 SF Former Bank Branch
Sale Price: $380,000
Price PSF: $122.98

BDL
2520 White Bear Avenue N
Maplewood, MN

16,546 SF Multi Tenant Investment Sale
Sale Price: $2,500,000
Price PSF: $138
CAP Range: 7.5%

2614-2616 NICOLLET AVENUE
2614-2616 Nicollet Avenue
Minneapolis, MN

11,280 SF Multi Tenant Mixed Use Investment Sale
Sale Price: $1,078,000
Price PSF: $60
CAP Range: 6.0%

FRANKLIN BUSINESS CENTER
1433 Franklin Avenue E
Minneapolis, MN

58,852 SF Multi Tenant Neighborhood Center
Sale Price: $5,500,000
Price PSF: $102
CAP Range: 8.1%

HOLLY CENTER
6522-6594 University Avenue NE
Fridley, MN

67,658 SF Multi Tenant Neighborhood Center
Sale Price: $5,000,000
Price PSF: $69

FORMER SHOPKO – NEW PRAGUE
200 10th Avenue SE
New Prague, MN

25,614 SF Single Tenant Retail
Sale Price: $1,285,000
Price PSF: $50

INVER GROVE RETAIL CENTER
5440 Robert Trail S
Inver Grove Heights, MN

8,400 SF Retail Strip Center
Sale Price: $1,050,000
Price PSF: $125
CAP Range: 9.1%

FORMER SHOPKO – GLENCOE
3225 10th Street E
Glencoe, MN

42,700 SF Single Tenant Retail
Sale Price: $1,255,000
Price PSF: $29

1841-1843 E LAKE STREET
1841-1843 E Lake Street
Minneapolis, MN

4,500 SF Two Tenant Investment Sale
Sale Price: $460,000
Price PSF: $105
CAP Range: 5.2%

ACE RETAIL PORTFOLIO
Albertville & Medina, MN

32,978 SF Portfolio of Retail Shopping Center
Sale Price: $6,550,000
Price PSF: $198
CAP Range: 7.4%

MONTICELLO/BECKER RETAIL PORTFOLIO
Monticello & Becker, MN

56,974 SF Retail Portfolio Sale
Sale Price: $3,675,000
Price PSF: $65
CAP Range: 9.4%

888 COUNTY ROAD D W
888 Cty Rd D W
New Brighton, MN

13,202  SF
Sale Price: $1,015,000
Price PSF: $77.00
CAP Range: 8%

US BANK
Multiple Activities

MINNEHAHA MALL
5447-5459 Nicollet Avenue S
Minnehaha, MN

7,038 SF Retail Strip Center
Sale Price: $1,625,000
Price PSF: $231
CAP Range: 8.4%

BAKERS SQUARE
1881 Highway 36
Roseville, MN

6,400 SF Single Tenant Net Lease
Sale Price: $2,050,000
Price PSF: $342

PANERA
2641 E Sunshine Street
Springfield, MO

5,767 SF Single Tenant Net Lease
Sale Price: $2,975,000
Price PSF: $515.00
CAP Range: 5.25%

WALGREENS
2355 Jackson Avenue
Ann Arbor, MI

13,650 SF Single Tenant Net Lease
Sale Price: $10,450,000
Price PSF: $765.00
CAP Range: 6%

THE MEADOWS
1900-1944 N Nokomis NE
Alexandria, MN

12 Unit Townhomes
Sale Price: $1,300,000
Price Per Unit: $108,333

1279 RANDOLPH AVENUE
1279 Randolph Avenue
St. Paul, MN

Retail/MOH Mixed-Use
Sale Price: $755,000
Price PSF: $122
CAP Range: 7.75%

ABRA
1979 Seneca Road
Eagan, MN

13,745 SF Single Tenant Net Lease
Sale Price: $1,750,000
Price PSF: $127.00
CAP Range: 7%

SUPERMERCADO LOMA BONITA
800 White Bear Avenue
St. Paul, MN

7,000 SF Single Tenant Retail Store
Sale Price: $800,000
Price PSF: $100.00
CAP Range: 8%

JOANN FABRICS
5154 Highway 52
Rochester, MN

18,000 SF Single Tenant Net Lease
Sale Price: $1,693,000 (allocated)
Price PSF: $94.00
CAP Range: 7.5%

ALDI
1550 Quarry Road
Eagan, MN

22,289 SF Single Tenant Net Lease
Sale Price: $2,700,000
Price PSF: $121.00
CAP Range: 5%

ABRA/LEHMAN’S PORTFOLIO
Multiple Minnesota Locations

Portfolio Sale
Sale Price: $1,500,000
CAP Range: 7%

RIDGE POINT MEDICAL BUILDING
14050 Nicollet Avenue S
Burnsville, MN

Multi-Tenant Office Investment
Sale Price: $8,150,000
Price PSF: $213.00
CAP Range: 7.4%

PANERA RETAIL CENTER
1230 Crossing Meadow Drive
Onalaska, WI

7,495 SF Multi-Tenant Retail Center
Sale Price: $1,850,000
Price PSF: $265.00
CAP Range: 6.7%

FORMER ECONO FOODS/KWIK TRIP
104 4th Avenue NW
New Prague, MN

Single Tenant Net Lease
Sale Price: $550,000
Price PSF: $21.24

JIFFY LUBE
1570 Thomas Center
Eagan, MN

21,000 SF Single Tenant Net Lease
Sale Price: $460,000
Price PSF: $219.00

WEB BUILDING
2518 2nd Street N
Minneapolis, MN

67,000 SF Multi-Tenant Industrial Building
Sale Price: $2,185,000
Price PSF: $32.61
CAP Range: 8.5%

ZEISS BUILDING
4605 Rusan Street
St. Cloud, MN

Single Tenant  Net Lease Industrial Building
Sale Price: $1,970,000
Price PSF: $98.50
CAP Range: 7.5%

FAMILY DOLLAR PROPERTY
8001 Bass Lake Road
New Hope, MN

18,376 SF Multi-Tenant Retail Center
Sale Price: $1,150,000
Price PSF: $65.00
CAP Range: 6.7%

WALGREENS – LAKE STREET
3207 E Lake Street
Minneapolis, MN

Single Tenant Net Lease
Sale Price: $1,147,500
Price PSF: $106.25

3515 2ND AVENUE
Minneapolis, MN

12 Unit Multi-Family
Sale Price: $2,080,000
Price PSF: $221.00
CAP Range: 8.45%

SPARTANNASH
1313 E. St. Patrick Street
Rapid City, SD

195,967 SF Distribution Center
Sale Price: $4,125,000
Price PSF: $21.00
CAP Range: N/A – Short Term Sale Leaseback

JAMAICA SQUARE
E 8461 Point Douglas Road
Cottage Grove, MN

31,529 SF Multi-Tenant Retail Center
Sale Price: $2,020,000
Price PSF: $144.29
CAP Range: 8%

685 4TH STREET E
St. Paul, MN

2 Tenant Multi-Family Property
Sale Price: $280,000
Price PSF: $103.70
CAP Range: 9.5%

MINNEHAHA MALL
5414-5459 Nicollet Avenue
Minneapolis, MN

7,038 SF Multi-Tenant Retail Center
Sale Price: $1,431,000
Price PSF: $203.32
CAP Range: 7.5%

BRACKENRIDGE PLAZA
21 2nd Street SW
Rochester, MN

38,224 SF Multi-Tenant Office/Flex Building
Sale Price: $10,000,000
Price PSF: $261.62
CAP Range: 5%

T-MOBILE CENTER
3503 West Division Street
St. Cloud, MN

4,500 SF Multi-Tenant Retail Center
Sale Price: $1,520,000
Price PSF: $316.00
CAP Range: 8%

EAGAN CROSSINGS SHOPPING CENTER
1964 Rahncliff Court
Eagan, MN

38,000 SF Multi-Tenant Retail Center
Sale Price: $2,600,000
Price PSF: $74.28
CAP Range: 7.0%

6700 PENN AVENUE
6700 Penn Avenue
Richfield, MN

14,800 SF Multi-Tenant Retail Center
Sale Price: $500,000
Price PSF: $33.78
CAP Range: 5.0%

FIVE LAKES CENTER
300 State Street
Fairmont, MN

190,000 SF Regional Mall
Sale Price: $2,700,000
Price PSF: $15.19
CAP Range: 13%

THOMAS LAKE CENTER
1565 Cliff Road
Eagan, MN

43,051 SF Multi-Tenant Retail Center
Sale Price: $4,850,000
Price PSF: $115.33
CAP Range: 8.5%

6645 QUEEN AVENUE SOUTH
6645 Queen Avenue South
Richfield, MN

14,000 SF Apartment Building
Sale Price: $500,000
Price PSF: $35.00
CAP Range: Sub 5%

3939 69th STREET WEST
3939 69th Street West
Edina, MN

10,000 SF Office Building
Sale Price: $1,500,000
Price PSF: $150.00
CAP Range: N/A

6620 QUEEN AVENUE SOUTH
6620 Queen Avenue South
Richfield, MN

10,000 SF Apartment Building
Sale Price: $400,000
Price PSF: $40.00
CAP Range: Sub 5%

MARKET PLACE
2800 41st Street
Rochester, MN

17,000 SF Multi-Tenant Retail Center
Sale Price: $4,499,000
Price PSF: $265.00
CAP Range: 8.9%

BOULEVARD MARKET
6136 Brooklyn Boulevard
Brooklyn Center, MN

14,000 SF Multi-Tenant Retail Center
Sale Price: $3,085,000
Price PSF: $147.00
CAP Range: 7.84%

CENTENNIAL RIDGE
1629 Lena Court
Eagan, MN

15,000 SF Multi-Tenant Retail Center
Sale Price: $3,030,000
Price PSF: $149.00
CAP Range: 7.04%

SPIRIT HILLS
6501 Ware Road
Lino Lakes, MN

31,400 SF Multi-Tenant Retail Center
Sale Price: $3,950,000
Price PSF: $149.00
CAP Range: 8%

WALGREEN’S
1075 Highway 96 East
White Bear Lake, MN

14,500 SF Stand-Alone Retail Store
Sale Price: $7,500,000
Price PSF: $500.00
CAP Range: 6%

RUM RIVER PLAZA
5900 167th Avenue NW
Ramsey, MN

21,000 SF Multi-Tenant Retail Center
Sale Price: $1,850,000
Price PSF: $63.00
CAP Range: 8.29%

WEB BUILDING
2518 2nd Street North
Minneapolis, MN

67,000 SF Industrial Building
Sale Price: $1,900,000
Price PSF: $28.00
CAP Range: 12.3%

CAFE DI NAPOLI
814 Hennepin Avenue
Minneapolis, MN

32,000 SF Multi-Tenant Retail Center
Sale Price: $1,800,000
Price PSF: $58.83
CAP Range: 8.9%

MULTI-FAMILY MIXED USE
650 Grand Avenue
St. Paul, MN

12,000 SF Multi-Family Mixed Use
Sale Price: $2,200,000
Price PSF: $68.00
CAP Range: 8.0%