Minneapolis · Commercial sale
Excel III buys 5125 Edina Industrial Blvd in Edina for $6.2 million
A retail building at 5125 Edina Industrial Blvd, Edina sold for $6,200,000 on September 16, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $6,200,000
- Sold
- September 16, 2026
- Property type
- Retail building
- Lot size
- 74,923 sq ft
- Year built
- 1983
A retail building at 5125 Edina Industrial Blvd in Edina sold for $6,200,000 on September 16, 2026, according to the Certificate of Real Estate Value filed with the Minnesota Department of Revenue. The sale price is 16% above the Assessor's market value of $5,360,500.
Excel III, LLC purchased the property from 5125 Edina DST. The building was constructed in 1983 and sits on a 1.72-acre lot, according to Assessor's records.
The sale marks an increase from the most recent earlier sale on record of $5,657,000 in 2022.
What this sale costs to close
What does closing cost at this price? Under Hennepin County custom the seller's larger charges are $21,080 for the state deed tax + Environmental Response Fund (Hennepin/Ramsey) and $11,825 for the owner's title insurance policy. The seller's estimated net is $6,118,256 before brokerage commissions and any loan payoff. A cash buyer would need about $6,152,052 at closing.
Source: Minnesota Department of Revenue, Certificates of Real Estate Value, document 1923107. Property details: Hennepin County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
