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Otsego (Minneapolis), MN 55330
Everbrook Academy
Property Address
8677 Parson Avenue Northeast, Otsego, MN, USA
Offering Summary
Price:
$6,400,000
Lot Size:
1.2 Acres
Cap Rate:
7.0%
Year Built:
2025
Building SF:
11,758
Status:
Available
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Principal
Broker
Brand New 15-Year Triple-Net (NNN) Lease with 7.5% Rental Increases
New High-Quality 2025 Construction
Corporate Guaranty by Learning Care Group, One of the Largest Providers of Early Childhood Care in the U.S. with Over 1,150 Schools Across 11 Brands
Population in the Immediate Area is Projected to Increase 10% by 2029
Average Household Income Exceeds $130,000 in the Surrounding Area
Located in the Minneapolis MSA with 58,577 Residents in a 5-Mile Radius
Located Along a Retail Corridor Anchored by Target - Other Neighboring Tenants Include ALDI, Michaels, and Ace Hardware
Broker Information
Spencer Berkley
Agent
Phone Number:
602.687.6836
Spencer.Berkley@marcusmillichap.com
Mark Ruble
Agent
Phone Number:
602.687.6766
mruble@marcusmillichap.com
Chris Lind
Agent
Phone Number:
602.687.6780
chris.lind@marcusmillichap.com
Zack House
Agent
Phone Number:
602.687.6650
zhouse@marcusmillichap.com
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