18265 45th Ave N - Day Care Center FOR SALE


Plymouth, MN 55446- Plymouth-Wayzata
$8,214,000 USD
650-678-7200
18265 45th Ave N, Plymouth, MN for Sale
$8,214,000 USD
Day Care Center - FOR SALE
1/2
null | 7% Cap Rate

18265 45th Ave N
Plymouth, MN 55446
Plymouth-Wayzata


HIGHLIGHTS

  • Brand-new 20-year absolute net lease featuring 10% rental increases every 5 years, making this a truly “hands-off” investment
  • Corporate guaranty from tenant’s parent company – TGS Holdings, LLC
  • 2025 build-to-suit construction to tenant’s latest prototype
  • Significant frontage on Highway 55 – 35,000+ VPD
  • As of year end 2024, TGS held cash and cash equivalents of ~$9.8M and had global school level profit of $24.1M
  • Extremely affluent parent demos – $200K average household incomes within a 1-mile radius of the subject property

OVERVIEW

A 20-year absolute net Gardner School lease featuring 10% rental increases every 5 years and two, 5-year extension options. The subject property is located in Plymouth, MN – an extremely affluent Minneapolis suburb boasting average household incomes of $200K within a 1-mile radius.

FOR SALE DETAILS

PRICE

$8,214,000 USD

PRICE/SF

$812 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Gardner School of Plymouth

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.6 AC

LAND SF

69,696 SF

ZONING

R4

APN/PARCEL ID

18-118-22-12-0016

ASK ABOUT THIS PROPERTY

John AndreiniCP Partners CREMore Info
650-678-7200

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John AndreiniCP Partners CREMore Info
650-678-7200

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