Brisky Net Lease negotiated the sale of 360 Wall Systems in Eden Prairie, Minnesota.
The single-tenant investment industrial property sold for $5.7 million.
Broker Max Mantey was the only broker involved and represented the seller and primary tenant, 360 Wall Systems, in the sale of the property located at 7975 Wallace Road, Eden Prairie, MN 55344. Brisky has a proven track record with sale leaseback transactions throughout Minnesota, as well as nationwide.
This passive industrial sale leaseback investment has a brand-new 10-year absolute NNN lease with zero landlord responsibilities, and annual rent increases. 360 Wall Systems, the primary tenant, occupies the majority of the building, complemented by Hagen Automotive, a well- established subtenant that enhances the site’s value and has been there for over 30 years. The property has a strategic industrial location situated within a well-established industrial park, offering exceptional accessibility and proximity to key transportation corridors and business infrastructure. Located in Eden Prairie, one of the Twin Cities’ most desirable and expansive industrial submarkets.
360 Wall Systems is a specialty contractor, offering high-quality interior and exterior finishes. They have worked on some of the premier apartment buildings, medical offices, and industrial buildings in the Twin Cities. Their services include metal framing, drywall, fireproofing, wall covering, insulation, painting, plastering, and specialty coatings.
