Becker, MN - Little Newton's

Description:

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Red Balloon Child Care Center by Little Newton’s investment property located in Becker, Minnesota. The tenant, Red Ballon Child Care Center, will sign an early extension at the close of escrow, bringing the term remaining to over 12 years with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features annual rental increases throughout the initial term and throughout each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.

- Positioned near the signalized intersection of US Highway 10 and Sherburne Avenue, with over 25,000 vehicles passing daily
- US Highway 10 serves as Becker’s primary retail corridor, offering strong daily traffic and visibility
- Surrounded by national and credit tenants including McDonald’s, UPS Store, Dairy Queen, and Kwik Trip, along with a mix of local retailers
- Walking distance to Becker’s public schools (Elementary, Intermediate, and High School), serving 2,800+ students
- Additional nearby tenants include Dollar General, Domino’s, Subway, Snap Fitness, and Liberty Tax, enhancing consumer draw
- 5-mile trade area includes over 11,800 residents and 3,200 employees, with an average household income of $128,110