100 Cobblestone Ln - Day Care Center FOR SALE


$1,691,843 USD
612-413-4200
100 Cobblestone Ln, Burnsville, MN for Sale
$1,691,843 USD
Day Care Center - FOR SALE
1/5
null | 7% Cap Rate


HIGHLIGHTS

  • Absolute NNN Lease
  • Prime Retail-Dense Location
  • Excellent Connectivity and Visibility
  • Strong Demographics
  • Strong, Growing Tenant

OVERVIEW

Absolute NNN Lease - This property offers a new absolute NNN lease with zero landlord responsibilities. The lease has over 12 years remaining and 2% annual rent increases. Prime Retail-Dense Location - Situated in a thriving retail corridor, the property benefits from proximity to national and regional retailers including Costco, Target, The Burnsville Shopping Mall, and many others. Excellent Connectivity and Visibility - Positioned near key commuter routes, including I-35 and County Road 42, the property benefits from significant daily traffic counts and steady commuter flow between Burnsville and the Minneapolis/St. Paul urban core, enhancing both visibility and accessibility. Strong Demographics - Burnsville boasts a robust economy and a steadily growing population. The area is home to a large number of families, with a 9% higher concentration of children aged 0-4 compared to the national average. Strong, Growing Tenant - Little Sprouts, as a division of Little Newtons’ child care centers, was established in 2009 and has been steadily growing with 8 locations in Minnesota, Wisconsin and Illinois.

FOR SALE DETAILS

PRICE

$1,691,843 USD

PRICE/SF

$274 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Little Sprouts Academy | Burnsville, MN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

ADD'L SUBTYPES

Day Care Center, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

B3 PUD

APN/PARCEL ID

02-26102-01-022

ASK ABOUT THIS PROPERTY

Brian BriskyBrisky Net LeaseMore Info
612-413-4200

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Brian BriskyBrisky Net LeaseMore Info
612-413-4200

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