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18655 73rd Ave N
Maple Grove, MN 55311

$5,823,000 USD

Daycare Center For Sale  •  12,789 SF

Property Details

  • Property Type Daycare Center
  • Total Building Size 12,789 SF
  • Lot Size 1.55 AC
  • Building Class C
  • Year Built 2021
  • Tenancy Single
0 Transit Score
25 Walk Score

Highlights

Multi-Unit Operator - New Creations Child Care & Learning Center has 20 locations throughout Minnesota and Central IA.
Long Term Lease with Strong Annual Rent Increases - 11+ years of lease term remain with attractive 3% annual increases commencing in 2026.
Future Upside - Future upside potential due to below market rents that will adjust to market in the option periods.
New Development - Immediate trade area contains newly constructed Hyvee , Chipotle, Car Wash and 6 housing developments consisting of 700+ units.
Rapid Growth Community - Maple Grove will see an estimated population increase of more than 50% by the year 2040.
High Income Trade Area - Average household income within a three mile radius of the subject property is $200K+

Public Transportation

AirportDriveWalkDistance
Minneapolis-St Paul International/Wold-Chamberlain 42 min - 29.5 mi
AJ Prins 952-210-0484 CBRE
AJ Prins 952-210-0484 CBRE