Prior Lake, MN 55372

Cadence Academy dba Lil' Explorers Childcare

Property Address

3880 Fountain Hills Road, Prior Lake, MN, USA

Offering Summary

  • Price: $6,200,000
  • Lot Size: 1.80 Acres
  • Year Built: 2022
  • Building SF: 16,300
  • Status: Closed
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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
  • New High-Quality 2022 Construction with Two Outdoor Playgrounds
  • Affluent Trade Area - Average Household Income Exceeds $190,000 within One Mile
  • 92,298 Residents within a Five-Mile Radius - Minneapolis MSA
  • Households and Population Projected to Grow by 10 - 12 Percent in the Immediate Area Over the Next Five Years
  • More Than 26,000 Cars per Day at the Corner of Eagle Creek Ave NE & 104th Street NE
  • Adjacent to The Wilds Golf Club, an 18 Hole Championship Golf Course

Broker Information