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14730 Excelsior Blvd
Minnetonka, MN 55345 West Minnetonka

$5,353,779 USD

Schools For Sale  •  10,153 SF

Property Details

  • Property Type Schools
  • Total Building Size 10,153 SF
  • Lot Size 1.19 AC
  • Building Class B
  • Year Built 2017
  • Cap Rate 7.25 %
  • Zoning B-2
0 Transit Score
49 Walk Score

Highlights

This asset is 100% leased to Everbrook Academy on an Absolute Triple Net (NNN) Lease with zero landlord responsibilities - 6.8 years of term remaining
Corporately backed by Learning Care Group, Inc., which is the 2nd largest for-profit childcare company in North America.
9+ feeder elementary schools within a 5-mile radius: Clear Springs Elementary, Scenic Heights Elementary, Groveland Elementary etc.
Total consumer spending on education and daycare exceeds $186 million annually within a 5-mile radius of this location.
Ideally located just off Excelsior Boulevard, which sees over 10,501 VPD.
The childcare and early education industry is projected to grow at an annual rate of 5.0% over the next five years due to the rising population.
Cap Rate: 7.25 %

Public Transportation

AirportDriveWalkDistance
Minneapolis-St Paul International/Wold-Chamberlain 25 min - 16.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 30
Type: Surface
Included in Rent: Yes
Andrew Gilbert 678-365-5168 Sands Investment Group
Andrew Gilbert 678-365-5168 Sands Investment Group