6139 157th Ln NW - Day Care Center FOR SALE


Ramsey, MN 55303
$4,550,229 USD
310-626-1852
6139 157th Ln NW, Ramsey, MN for Sale
$4,550,229 USD
Day Care Center - FOR SALE
1/5
null | 7% Cap Rate

6139 157th Ln NW
Ramsey, MN 55303


HIGHLIGHTS

  • New Creations Child Care and Learning Center is a regional provider with 20 locations between Minnesota and Iowa.
  • Ramsey is an emerging suburban market within the major Twin Cities metro, located 30 minutes from both Minneapolis and Saint Paul.
  • 11+ years remaining on initial term with 2% average annual rent escalations.
  • 40 miles from Minneapolis-Saint Paul International Airport (MSP).
  • Ramsey and neighboring Anoka share a large 1,000-acre business park that is home to multiple major companies.
  • Average household income of $132,859 and a population of 66,248 residents within a 5-mile radius of the center.

OVERVIEW

We are pleased to exclusively offer for sale the 12,341 SF New Creations Child Care located at 6139 157th Lane NW in Ramsey, MN. This offering presents a stabilized, long-term Triple Net (NNN) Leased investment backed by a regional childcare provider with 20 locations across Minnesota and Iowa, and the property features 11+ years remaining on the initial lease term, with 2% average annual rent escalations, providing investors with predictable income growth and durable cash flow. The center serves families within the growing Ramsey submarket, an emerging suburban community positioned approximately 30 minutes from both Minneapolis and Saint Paul within the Twin Cities metropolitan area. In Association with ParaSell, Inc. | A Licensed Minnesota Broker #40685007 BoR: Scott Reid - Lic. MN #40685006

FOR SALE DETAILS

PRICE

$4,550,229 USD

PRICE/SF

$369 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

New Creations Child Care - Ramsey, MN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

5.51 AC

LAND SF

240,142 SF

ZONING

Commercial

APN/PARCEL ID

14-32-25-34-0035

ASK ABOUT THIS PROPERTY

Jason MaySands Investment Group Austin, LLCMore Info
310-626-1852

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Jason MaySands Investment Group Austin, LLCMore Info
310-626-1852

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