Minneapolis · Commercial sale
MVP MN 1 buys 7385 Bush Lake Rd in Edina for $3.7 million
An office building at 7385 Bush Lake Rd, Edina sold for $3,700,000 on August 27, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $3,700,000
- Sold
- August 27, 2026
- Property type
- Office building
- Lot size
- 102,366 sq ft
- Year built
- 1969
At $3,700,000, the sale price was 43% above the $2,580,100 market value on record and 2.4 times the most recent earlier sale price of $1,534,000 in 2015, according to the Assessor’s records.
The office building at 7385 Bush Lake Rd in Edina sold on August 27, 2026, according to the Certificate of Real Estate Value filed with the Minnesota Department of Revenue.
The record lists Woodson Properties, LLC as the seller and MVP MN 1 LLC as the buyer. Assessor’s records show a 1969 construction date and a 2.35-acre lot.
What this sale costs to close
What does closing cost at this price? Under Hennepin County custom the seller's larger charges are $12,580 for the state deed tax + Environmental Response Fund (Hennepin/Ramsey) and $7,450 for the owner's title insurance policy. The seller's estimated net is $3,652,875 before brokerage commissions and any loan payoff. A cash buyer would need about $3,673,796 at closing.
Source: Minnesota Department of Revenue, Certificates of Real Estate Value, document 1915335. 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.
