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Schools For Sale • 56,202 SF
| 56,669-square-foot public school building 100% leased to Intermediate School District #917 (https://www.isd917.org/). |
| Tenant features a premier investment grade credit rating of Aa3 (Moody’s). |
| Tenant was established by Minnesota Legislature in 1969 as one of four specialty school districts in the state that offer integrated career, technical |
| Tenant serves nine member school districts in the southeast Twin Cities metropolitan area that cover a combined 295,000+ acres. |
| +/- 9 years of base term remaining on the triple net lease with annual rent increases. |
| Located 9 miles southeast of the MSP International Airport and 15 miles southeast of downtown Minneapolis. |
| Cap Rate: | 6.15 % |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Minneapolis-St Paul International/Wold-Chamberlain | 19 min | - | 12.5 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 294 |
| Type: | Surface |
| Included in Rent: | Yes |
Joshua York
Syndicated Equities
Joshua York
Syndicated Equities
