9600 Garland N ln - Retail FOR SALE


Maple Grove, MN 55311
$8,560,000 USD
650-678-7200
9600 Garland N ln, Maple Grove, MN for Sale
$8,560,000 USD
Retail - FOR SALE
1/2
null | 7% Cap Rate

9600 Garland N ln
Maple Grove, MN 55311


HIGHLIGHTS

  • 20-year absolute net lease featuring 10% rental increases every 5 years
  • Corporate guaranty from tenant’s parent company, TGS Holdings, LLC
  • 2026 build-to-suit construction for TGS
  • TGS operates multiple established locations across the Minneapolis–St. Paul MSA, serving as a leading provider of premium early childhood education
  • Strong profit margins (speak with Agent)
  • Compounded annual growth rate positive

OVERVIEW

A brand-new, build-to-suit The Gardner School (“TGS”) on a 20-year absolute net lease featuring 10% rental increases every 5 years throughout the base term and options and a corporate guaranty from tenant’s parent company, TGS Holdings, LLC. The financials backing TGS’s guaranty are exceptionally strong – in FY 2024 they reported revenues of over $117 million and a global school level profit of $20 million.

FOR SALE DETAILS

PRICE

$8,560,000 USD

PRICE/SF

$736 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Gardner School

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Day Care Center, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.42 AC

LAND SF

61,855 SF

ZONING

-

APN/PARCEL ID

08-119-22-31-0015

ASK ABOUT THIS PROPERTY

John AndreiniCP Partners CREMore Info
650-678-7200

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John AndreiniCP Partners CREMore Info
650-678-7200

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