Tierra Encantada | Highland Park

Highlights:

• LONG-TERM INCOME STABILITY - The asset features a 15-year absolute triple-net (NNN) lease, providing investors with a passive income stream.
• HIGH-GROWTH TENANT PROFILE - Tierra Encantada is a leading provider of Spanish immersion early childhood education.
• TARGETED DEMOGRAPHIC DENSITY - Building upon an already robust demographic market of Highland Bridge.
• NEW CONSTRUCTION ADVANTAGE - As a newly constructed facility, the building incorporates modern design standards, energy-efficient systems.
• MARKET-LEADING CHILDCARE NICHE - The tenant’s bilingual immersion curriculum and organic food programming provide a competitive advantage.
• HEDGED AGAINST MARKET CYCLES - The combination of a long-term NNN lease, a mission-critical service tenant, and a high-barrier-to-entry location.

Description:

CBRE is pleased to exclusively present the opportunity to acquire a new construction Tierra Encantada Spanish Immersion Daycare in St. Paul, MN. The property is 12,322 square feet and features a fresh fifteen year corporately guaranteed NNN lease. The lease also features 10% increases every five years.

Tierra Encantada, the leader in Spanish Immersion early education, was founded in Eagan, MN in 2013. In recent years they have continued their nationwide expansion with close to 30 locations open or in the pipeline in 2026. Tierra Encantada delivers a distinctive childcare experience for children aged six weeks through six years with a focus on the growth of the whole child. Its play-based STEAM curriculum, taught entirely in Spanish, helps children naturally learn a second language while nurturing creativity, curiosity, and connection. Each center also provides fresh, scratch-made meals and a welcoming environment designed to foster social, emotional, and cognitive development.

Tierra Encantada is part of the master planned development “Highland Bridge,” and is a 122-acre mixed-use redevelopment located on the site of the former Ford Motor Company assembly plant in St. Paul, Minnesota. As one of the largest private real estate investments in the city’s history, the project transforms a landmark industrial site into a sustainable, high-density, urban village. Designed to integrate residential, retail, office, and institutional uses, the development is positioned as a cornerstone of long-term economic growth in the Twin Cities.

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