470 Imperial Ave N - Day Care Center FOR SALE


$2,416,615 USD
602-541-1019
470 Imperial Ave N, Oakdale, MN for Sale
$2,416,615 USD
Day Care Center - FOR SALE
1/5
null | 6.5% Cap Rate


HIGHLIGHTS

  • Triple-Net (NNN) Corporate Lease with Early 10-Year Lease Extension
  • Corporate Guaranty by Learning Care Group, One of the Largest Providers of Early Childhood Care in the U.S. with Over 1,150 Schools Across 11 Brands
  • Seven Feeder Elementary Schools Within a Six-Mile Radius
  • Average Household Income Exceeds $166,000 Within a One-Mile Radius
  • More Than 170,000 Residents Within a Five-Mile Radius
  • Household Projected Growth of 7 Percent in the Next Five Years Within a One-Mile Radius

OVERVIEW

La Petite Academy, Inc. is one of the nation’s largest educational daycare companies. Headquartered in Novi, Michigan, the company operates more than 450 schools across the country. La Petite Academy provides strong social and educational foundations to prepare children for success in elementary school and beyond. Oakdale is a city in Washington County, Minnesota, United States. It is a suburb of Saint Paul and is on the eastern side of the Twin Cities Metropolitan area. The population was 28,303 at the 2020 census.

FOR SALE DETAILS

PRICE

$2,416,615 USD

PRICE/SF

$314 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

La Petite Academy - Early 10 Yr Extension

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.3 AC

LAND SF

56,424 SF

ZONING

-

APN/PARCEL ID

33-029-21-31-0020

ASK ABOUT THIS PROPERTY

Spencer BerkleyMarcus & MillichapMore Info
602-541-1019

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Spencer BerkleyMarcus & MillichapMore Info
602-541-1019

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