4120 Edgewood Dr NE - Day Care Center FOR SALE


Saint Michael, MN 55376
$5,484,043 USD
512-543-7437
4120 Edgewood Dr NE, Saint Michael, MN for Sale
$5,484,043 USD
Day Care Center - FOR SALE
1/5
null | 7% Cap Rate

4120 Edgewood Dr NE
Saint Michael, MN 55376


HIGHLIGHTS

  • New Creations Child Care and Learning Center is a regional provider with 20 locations between Minnesota and Iowa.
  • St. Michael is a rapidly growing suburban community located 30? minutes northwest of Minneapolis in the Twin Cities metro.
  • 12 years remaining on lease with 2% average annual rent escalations.
  • The city has more than 1,100 new single-family lots platted across multiple subdivisions including Fieldstone Passage, Foxtail Meadows, and more.
  • Average household income of $145,559 and a population of 49,588 residents within a 5-mile radius.
  • 40 miles from Minneapolis-Saint Paul International Airport (MSP).

OVERVIEW

We are pleased to exclusively offer for sale the 12,300 SF New Creations Child Care located at 4120 Edgewood Drive NE in St. Michael, MN. This offering presents a stabilized Triple Net (NNN) Lease investment backed by New Creations Child Care and Learning Center, a regional operator with 20 locations across Minnesota and Iowa. The property features approximately 12 years remaining on the lease term with 2% average annual rent escalations, providing consistent income growth and long-term cash flow stability. The tenant’s established regional footprint and operating history further reinforce the durability of the investment. In Association with ParaSell, Inc. | A Licensed Minnesota Broker #40685007 BoR: Scott Reid - Lic. MN #40685006

FOR SALE DETAILS

PRICE

$5,484,043 USD

PRICE/SF

$1,097 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

New Creations Child Care - St. Michael, MN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

ADD'L SUBTYPES

Freestanding, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.38 AC

LAND SF

60,113 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Seth KrepistmanSands Investment Group Austin, LLCMore Info
512-543-7437

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Seth KrepistmanSands Investment Group Austin, LLCMore Info
512-543-7437

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