Andover, MN 55304

Cadence Academy dba Lil' Explorers Childcare

Property Address

1485 Bunker Lake Blvd NW, Andover, MN 55304, USA

Offering Summary

  • Price: $2,973,000
  • Lot Size: 3.86 Acres
  • Cap Rate: 6.75%
  • Year Built: 2007
  • Building SF: 8,540
  • Status: Available
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  • Brand New Absolute Triple-Net (NNN) Lease with 14 Years Remaining
  • Corporate Guaranty by Cadence Education, One of the Largest Providers of Early Childhood Care in the U.S. with Over 300 Schools Across 40 Brands
  • Two Percent Annual Rental Increases
  • 151,222 Residents within a Five-Mile Radius - Minneapolis MSA
  • Average Household Income Exceeds $142,000 in the Immediate Area
  • High Visibility Location Near Signalized Intersection of Bunker Lake Blvd NW Hanson Blvd NW (Over 35,000 Cars Per Day)
  • Surrounded by Big Box National Retailers: Walmart, Target, CVS, Walgreens, Dollar Tree and Many More
  • Immediate Proximity to Major Thoroughfare U.S. Hwy 10 (Over 66,000 Cars Per Day)

Broker Information