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6139 157th Ln NW
Ramsey, MN 55303

$4,550,229 USD

Daycare Center For Sale  •  12,341 SF

Property Details

  • Property Type Daycare Center
  • Total Building Size 12,341 SF
  • Lot Size 5.51 AC
  • Building Class C
  • Year Built 2008
  • Cap Rate 7.00 %
  • Tenancy Single
  • Zoning Commercial
0 Transit Score
20 Walk Score

Highlights

New Creations Child Care and Learning Center is a regional provider with 20 locations between Minnesota and Iowa.
Ramsey is an emerging suburban market within the major Twin Cities metro, located 30 minutes from both Minneapolis and Saint Paul.
11+ years remaining on initial term with 2% average annual rent escalations.
40 miles from Minneapolis-Saint Paul International Airport (MSP).
Ramsey and neighboring Anoka share a large 1,000-acre business park that is home to multiple major companies.
Average household income of $132,859 and a population of 66,248 residents within a 5-mile radius of the center.
Cap Rate: 7.00 %

Major Tenants

Tenant SF Occupied Lease End Date
New Creations Child Care 9,222 SF 1/31/2038

Amenities

  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Ramsey Station & Platform (Northstar Commuter Rail - Metro Transit) 6 min - 3.2 mi
Anoka Station & Platform (Northstar Commuter Rail - Metro Transit) 9 min - 4.6 mi
AirportDriveWalkDistance
Minneapolis-St Paul International/Wold-Chamberlain 52 min - 37.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 40
Type: Surface
Included in Rent: Yes
Jason May 310-626-1852 Sands Investment Group Austin, LLC
Jason May 310-626-1852 Sands Investment Group Austin, LLC