Little Sprouts Academy | Burnsville, MN | 100 Cobblestone Ln
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Little Sprouts Academy | Burnsville, MN 100 Cobblestone Ln
6,175 SF Retail Building Burnsville, MN 55337 £1,375,587 (£223/SF) 7% Net Initial Yield
Investment Highlights
- Absolute NNN Lease
- Excellent Connectivity and Visibility
- Strong, Growing Tenant
- Prime Retail-Dense Location
- Strong Demographics
Executive Summary
Absolute NNN Lease -
This property offers a new absolute NNN lease with zero landlord responsibilities. The lease has over 12 years remaining and 2% annual rent increases.
Prime Retail-Dense Location -
Situated in a thriving retail corridor, the property benefits from proximity to national and regional retailers including Costco, Target, The Burnsville Shopping Mall, and many others.
Excellent Connectivity and Visibility -
Positioned near key commuter routes, including I-35 and County Road 42, the property benefits from significant daily traffic counts and steady commuter flow between Burnsville and the Minneapolis/St. Paul urban core, enhancing both visibility and accessibility.
Strong Demographics -
Burnsville boasts a robust economy and a steadily growing population. The area is home to a large number of families, with a 9% higher concentration of children aged 0-4 compared to the national average.
Strong, Growing Tenant -
Little Sprouts, as a division of Little Newtons’ child care centers, was established in 2009 and has been steadily growing with 8 locations in Minnesota, Wisconsin and Illinois.
This property offers a new absolute NNN lease with zero landlord responsibilities. The lease has over 12 years remaining and 2% annual rent increases.
Prime Retail-Dense Location -
Situated in a thriving retail corridor, the property benefits from proximity to national and regional retailers including Costco, Target, The Burnsville Shopping Mall, and many others.
Excellent Connectivity and Visibility -
Positioned near key commuter routes, including I-35 and County Road 42, the property benefits from significant daily traffic counts and steady commuter flow between Burnsville and the Minneapolis/St. Paul urban core, enhancing both visibility and accessibility.
Strong Demographics -
Burnsville boasts a robust economy and a steadily growing population. The area is home to a large number of families, with a 9% higher concentration of children aged 0-4 compared to the national average.
Strong, Growing Tenant -
Little Sprouts, as a division of Little Newtons’ child care centers, was established in 2009 and has been steadily growing with 8 locations in Minnesota, Wisconsin and Illinois.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
6,175 SF
Building Class
C
Year Built/Renovated
1984/1995
Price
£1,375,587
Price Per SF
£223
Net Initial Yield
7%
NOI
£96,291
Tenancy
Single
Number of Floors
1
Building FAR
0.14
Lot Size
1.00 AC
Zoning
B3 PUD
Parking
20 Spaces (3.24 Spaces per 1,000 SF Leased)
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Little Sprouts Academy
- -
- 99,999 SF
- -
- -
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
Little Sprouts Academy | - | 99,999 SF | - | - |
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 02-26102-01-022 | Improvements Assessment | £389,850 |
Land Assessment | £289,101 | Total Assessment | £678,951 |
PROPERTY TAXES
Parcel Number
02-26102-01-022
Land Assessment
£289,101
Improvements Assessment
£389,850
Total Assessment
£678,951
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Little Sprouts Academy | Burnsville, MN | 100 Cobblestone Ln
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