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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  • 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