Bright Beginnings Academy | Burnsville, MN
$1,558,671
100 Cobblestone Ln, Burnsville, MN 55337
7.91
Cap Rate
123,213
NOI
Details:
Description:
Absolute NNN Lease with Annual Rent Increases -
This property offers a new absolute NNN lease with zero landlord responsibilities. The lease has over 10 years remaining and 2% annual rent increases.
Located Adjacent to Major Regional Hospital -
Situated immediately next to M Health Fairview Ridges Hospital, one of the area's largest employers.
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 -
Bright Beginnings Academy, a division of Little Newtons’ child care centers, was established in 2020 and has been steadily growing with 7 locations in Minnesota, Wisconsin, and Illinois.
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Documents:
| Title | ||
|---|---|---|
| Bright_Beginnings_Academy___Burnsville__MN_OM.pdf | ||
| Bright Beginnings Academy | Burnsville, MN OM |
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