This Property is no longer advertised on Showcase.com.
Off Market
1/5

7071 E Point Douglas Rd
Cottage Grove, MN 55016


HIGHLIGHTS

  • Corporate Tenant with Nearly 200 Locations
  • Early Lease Extension in 2019
  • Attractive 2.5% Annual Rent Increases
  • Excellent Location Adjacent to Major Commute Corridor
  • Surrounded by Traffic Drivers and Dense Housing
  • Learning Care Group, Inc. Subsidiary

OVERVIEW

Tutor Time of Cottage Grove boasts an excellent location that's convenient for caregivers commuting to and from Downtown Minneapolis and St. Paul. This is a corporate tenant with nearly 200 locations; the tenant also executed an early lease extension in 2019, demonstrating continued commitment to this site. The Property enjoys traffic driven by area retailers that include TJ Maxx, Chipotle, Starbucks, HyVee, and others. Tutor Time is a subsidiary of Learning Care Group, Inc., which is the second-largest for-profit child care provider in North America.

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

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TENANCY

-

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

11800

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

39

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

08-027-21-33-0011