4150 Knob Dr - Day Care Center FOR SALE


$5,064,000 USD
415-349-3505
4150 Knob Dr, Eagan, MN for Sale
$5,064,000 USD
Day Care Center - FOR SALE
1/5
null | 7.6% Cap Rate


HIGHLIGHTS

  • Corporate guaranteed lease with second largest for profit school operator in the U.S.
  • Absolute NNN lease structure with zero landlord responsibilities providing a passive income stream to ownership.
  • $147,000 average household income within a one-mile radius supports continued demand for premium childcare and early education services.
  • Originally leased to Prestige, the school's acquisition by Learning Care Group underscores the operation's proven success and long-term viability.

OVERVIEW

The property is leased on an absolute NNN basis to Everbrook Academy, a premium early childhood education brand operated by Learning Care Group, the second-largest for-profit childcare provider in the United States. The lease provides more than six years of remaining term, scheduled rental increases every five years, and three additional five-year renewal options, offering investors stable, long-term cash flow with no landlord responsibilities. Constructed in 2017, the purpose-built facility occupies a highly visible corner location along Pilot Knob Road with exposure to over 35,000 vehicles daily. The property is situated within one of the most affluent and desirable suburban communities, supported by average household incomes exceeding $147,000 within a one-mile radius and continued population growth.

FOR SALE DETAILS

PRICE

$5,064,000 USD

PRICE/SF

$491 USD /SF

CAP RATE

7.6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

1.44 AC

LAND SF

62,726 SF

ZONING

-

APN/PARCEL ID

10-42500-02-023,10-42600-02-030

ASK ABOUT THIS PROPERTY

Laef BarnesAvison YoungMore Info
415-349-3505

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Laef BarnesAvison YoungMore Info
415-349-3505

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