14730 Excelsior Blvd - Schools FOR SALE
Minnetonka, MN 55345 |
14730 Excelsior Blvd
Minnetonka, MN 55345
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.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Everbrook Academy - Minnetonka, MN
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Schools
TOTAL BUILDING SIZE
10153
STORIES
1
BUILDING CLASS
B
YEAR BUILT
2017
SPRINKLERS
-
PARKING SPACES
30
LAND DETAILS
LAND ACRES
1.19 AC AC
LAND SF
51,836 SF
ZONING
-
APN/PARCEL ID
33-117-22-11-0045
