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5951 Labeaux NE ave
Albertville, MN 55301 Wright Far Western Suburbs

$8,423,571 USD

General Retail For Sale  •  10,108 SF

Property Details

  • Property Type General Retail
  • Total Building Size 10,108 SF
  • Lot Size 1.77 AC
  • Building Class B
  • Year Built 2026
  • Cap Rate 7.00 %
30 Walk Score

Highlights

15 Year Corp. Backed NNN Lease feat. a 10% Rental Increase in Year 6 Followed by 2% Annual Increases throughout the Remainder of the Term and Options.
Situated Along Labeaux Avenue - the Property benefits from Strong Local Traffic Flow, Excellent Visibility and Direct Connectivity to the Minneapolis.
KinderCare Learning Companies operates one of the Largest Early Education Platforms in the U.S.
Located within a Dense Residential Corridor featuring New Single-Family Developments and Master-Planned Communities.
Strategically Positioned within the Expanding Minneapolis-Saint Paul Metropolitan Area, benefiting from Strong Population Growth.
Within one Mile of Fieldstone Elementary, St. Michael Middle School, and St. Michael High School, aligning with Kindercare’s Strategy.
Cap Rate: 7.00 %

Major Tenants

Tenant SF Occupied Lease End Date
KinderCare Learning Center 10,108 SF 4/30/2041

Public Transportation

AirportDriveWalkDistance
Minneapolis-St Paul International/Wold-Chamberlain 58 min - 43.6 mi
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap