Suntide Commercial Realty, a leading property management company in the Twin Cities, and KW Commercial, today announced the sale of 3344 Hwy 149 (Dodd Road); a 45,136 SF office/industrial building on 7.12 acres in Eagan, Minnesota. This building fronts Hwy 149 with higher end office finishes, three (3) dock doors, 19’ clear height and large truck court.
Jeff Hart, CCIM, Senior Vice President/Principal with Suntide Commercial Realty, in conjunction with Andy Manthei (AMK Properties), investment specialist in KW Commercial’s Apple Valley, represented the Seller, Roles Properties, LLC in this transaction which sold for $3,233,000.
“The buyer was renting in Eagan and needed more space as they were acquired by a company recently that was feeding the growth,” says Jeff Hart. “The 3344 Dodd Road Building was a great fit for the future growth with the location, expansion ability, parking, and current layout. Thank you, Evan Molde of Colliers, for bringing them to the building and helping to get the deal done. The owner, Roles Properties, was very pleased with Suntide Commercial and KW Commercial for getting a cash buyer with the ability to close before the end of 2020.”
This asset is on the northeast quadrant of Hwy 149 (Dodd Road) and Yankee Doodle Road in Eagan, Minnesota. Constructed in 1999 and is comprised of approximately 20,724 SF office, 5,120 SF tech, and 19,292 SF of warehouse space.