7761 Amana Trl - Retail FOR SALE
Inver Grove Heights, MN 55077- Eagan/Burnsvle/Inner Gr Hts/W St Paul |
$8,486,000 USD
650-678-7200
7761 Amana Trl
Inver Grove Heights, MN 55077
Eagan/Burnsvle/Inner Gr Hts/W St Paul
HIGHLIGHTS
- Brand-new 15-year absolute net corporate net lease
- 10% rental increase in Year 6 then 2% annual increases thereafter
- Three, 5-year options to extend the lease at the expiration of the base term
- 2025 build-to-suit construction building that serves as an outparcel to Target
- Extremely affluent residential demographics – $181,000 average household incomes within a 1-mile radius of the subject property
OVERVIEW
A brand-new 15-year absolute net KinderCare lease featuring a 10% rental increase in Year 6 and 2% annual increases thereafter throughout the base term and options. The subject property is located in Inver Grove Heights – an affluent suburb in the Minneapolis-St. Paul MSA boasting average household incomes of $181,000 within a 1-mile radius.
FOR SALE DETAILS
PRICE
$8,486,000 USD
PRICE/SF
$702 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
KinderCare
PROPERTY TYPE
Retail
ADD'L SUBTYPES
Day Care Center, Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
35
LAND DETAILS
LAND ACRES
1.83 AC
LAND SF
79,814 SF
ZONING
RC
APN/PARCEL ID
20-12050-02-030
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
650-678-7200
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
650-678-7200
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
