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.