6869 Laketowne Pl NE - Day Care Center FOR SALE


Albertville, MN 55301
$6,200,000 USD
602-541-1019
6869 Laketowne Pl NE, Albertville, MN for Sale
$6,200,000 USD
Day Care Center - FOR SALE
1/5
null | 7% Cap Rate

6869 Laketowne Pl NE
Albertville, MN 55301


HIGHLIGHTS

  • Brand New 15-Year Triple-Net (NNN) Lease with 7.5% Rental Increases
  • New High-Quality 2025 Construction
  • 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
  • 8 Feeder Elementary Schools Located within a 5-Mile Radius
  • Population in the Immediate Area is Projected to Increase 9% by 2029
  • Located in the Minneapolis MSA with 55,039 Residents in a 5-Mile Radius

OVERVIEW

Everbrook Academy offers an engaging, nurturing environment for every child, during the most critical early years, starting in infancy. Everbrook Academy is part of Learning Care Group, and has 71 schools open and in development across 14 states. Albertville is a city in Wright County, Minnesota, a northwest suburb of the Minneapolis-St. Paul "Twin Cities" metropolitan area. The city's roughly 8,000 residents is served by Interstate 94, which connects Albertville to Downtown Minneapolis and the greater Minneapolis metro.

FOR SALE DETAILS

PRICE

$6,200,000 USD

PRICE/SF

$626 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Everbrook Academy

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.23 AC

LAND SF

53,508 SF

ZONING

-

APN/PARCEL ID

101-116-001020

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 Policy.