14275 Saint Francis Blvd - Specialty FOR SALE


Ramsey, MN 55303
$7,231,081 USD
332-345-2408
14275 Saint Francis Blvd, Ramsey, MN for Sale
$7,231,081 USD
Specialty - FOR SALE
1/3
null | 6.75% Cap Rate

14275 Saint Francis Blvd
Ramsey, MN 55303


HIGHLIGHTS

  • Corporate Guarantee
  • Brand New Construction
  • Proximity to Anoka High School
  • Affluent Community with Strong Demographics

OVERVIEW

Surmount is pleased to present the exclusive listing for a Lightbridge Academy located at 14275 St Francis Blvd NW, Ramsey, MN. The site consists of roughly 11,160 rentable square feet of building space on an estimated 2.12-acre parcel of land. This Lightbridge Academy is subject to a 20 year Triple Net (NNN) lease, which will commence 30 Days After Substantial Completion of the building. The annual rent will be $488,098 and has scheduled increases of 2.00% annually.

FOR SALE DETAILS

PRICE

$7,231,081 USD

PRICE/SF

$648 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lightbridge Academy

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.12 AC

LAND SF

92,347 SF

ZONING

-

APN/PARCEL ID

25-32-25-43-0065

ASK ABOUT THIS PROPERTY

Amelia HaydockSurmountMore Info
332-345-2408

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Amelia HaydockSurmountMore Info
332-345-2408

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.