Tutor Time Child Care | Commute Corridor to Downtown Minneapolis-St. Paul

7071 East Point Douglas Road South, Cottage Grove, MN

$2,326,400

Price

8.45%

Cap Rate

$196,726

NOI

Overview
Cap Rate
8.45%
NOI
$196,726
Building Size
11,800 sqft
Year Built
1999
Year Last Renovated
2017
Description

Located on Highway 10, Tutor Time is easily accessible for caregivers commuting to and from the Downtowns of either Minneapolis or St. Paul. This is a corporate tenant with nearly 200 locations and also extended their lease early in 2019. The lease provides attractive 2.5% annual rent increases.

Tutor Time is a subsidiary of Learning Care Group, Inc., the second-largest for-profit child care provider in North America.

Highlights
  • Corporate Tenant with Nearly 200 Locations
  • Early Lease Extension in 2019
  • Attractive 2.5% Annual Rent Increases
  • Excellent Location Adjacent to Major Commute Corridor
  • Surrounded by Traffic Drivers and Dense Housing
  • Learning Care Group, Inc. Subsidiary
Documents

Location
Gallery