14730 Excelsior Blvd - Schools FOR SALE


Minnetonka, MN 55345- West Minnetonka
$5,353,779 USD
678-365-5168
14730 Excelsior Blvd, Minnetonka, MN for Sale
$5,353,779 USD
Schools - FOR SALE
1/5
null | 7.25% Cap Rate

14730 Excelsior Blvd
Minnetonka, MN 55345
West Minnetonka


HIGHLIGHTS

  • This asset is 100% leased to Everbrook Academy on an Absolute Triple Net (NNN) Lease with zero landlord responsibilities - 6.8 years of term remaining
  • Corporately backed by Learning Care Group, Inc., which is the 2nd largest for-profit childcare company in North America.
  • 9+ feeder elementary schools within a 5-mile radius: Clear Springs Elementary, Scenic Heights Elementary, Groveland Elementary etc.
  • Total consumer spending on education and daycare exceeds $186 million annually within a 5-mile radius of this location.
  • Ideally located just off Excelsior Boulevard, which sees over 10,501 VPD.
  • The childcare and early education industry is projected to grow at an annual rate of 5.0% over the next five years due to the rising population.

OVERVIEW

We are pleased to exclusively offer for sale the 10,153 SF Everbrook Academy located at 14730 Excelsior Boulevard in Minnetonka, MN. This offering features a 100% leased asset occupied by Everbrook Academy on an Absolute Triple Net (NNN) Lease with zero landlord responsibilities. With 6.8 years of term remaining, the property presents a stable, long-term, income-producing investment opportunity. In Cooperation With ParaSell, Inc. , A Licensed Minnesota Broker - Lic. #40685007 BoR: Scott Reid - Lic. MN #40685007

FOR SALE DETAILS

PRICE

$5,353,779 USD

PRICE/SF

$527 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Everbrook Academy - Minnetonka, MN

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.19 AC

LAND SF

51,836 SF

ZONING

B-2

APN/PARCEL ID

33-117-22-11-0045

ASK ABOUT THIS PROPERTY

Andrew GilbertSands Investment GroupMore Info
678-365-5168

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Andrew GilbertSands Investment GroupMore Info
678-365-5168

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