Schools For Sale • 10,153 SF
| 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 % |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Minneapolis-St Paul International/Wold-Chamberlain | 25 min | - | 16.0 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 30 |
| Type: | Surface |
| Included in Rent: | Yes |