www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.

8670 PARSON AVE NE Otsego MN 55330

[Locked]

Upgrade  
to see sold price and date
Details
Property Type Retail
Sub Type Day Care/Nursery
Building SqFt 16,126
Year Built 2020
Lease Type ******
Lease Term ******
Remaining Term ******
Lease Expiration ******
Days on Market ******
Latitude 45.2757
Longitude -93.5626

Property History

Intelligence Badge
Property Type
Property Type
Retail
Property Subtype
Day Care/Nursery
Marketing Description

Lil' Explorers Childcare Center is a preschool and daycare serving the Minneapolis MSA. It is part of the Cadence Education family of brands. Cadence Education is one of the nation's premier early childhood educators. The company operates more than 300 private preschools and elementary schools within the Cadence Education Family of Schools.

Situated 33 miles from downtown Minneapolis, Otsego is optimally located with easy access to major freeway systems. Otsego is a northwest suburb of Minneapolis and is the largest city in Minnesota's Wright County with nearly 20,000 residents (as of the 2020 U.S. Census).

Investment Highlights
  • Brand New Absolute Triple-Net (NNN) Lease with 14 Years Remaining

  • Corporate Guaranty by Cadence Education, One of the Largest Providers of Early Childhood Care in the U.S. with Over 300 Schools Across 40 Brands

  • Situated Across from Target and an ALDI that is Currently In Development

  • 54,714 Residents within a Five-Mile Radius - Minneapolis MSA

  • Households are Projected to Increase Over 11 Percent in the Immediate Area by 2027

  • Two Percent Annual Rental Increases

  • Easily Accessible via Parrish Avenue NE with Immediate Access to MN Highway 101

  • Average Household Income Exceeds $124,000 within a Five-Mile Radius

  • Surrounded by New Residential Developments, Including Lennar at Parrish Meadows (a Master-Planned Community Featuring 90+ Townhomes) and The Village of Otsego (190+ Luxury Apartment Units)

Loan History

Intelligence Badge

Financial History

Intelligence Badge
****** Data
Net Operating Income
******
Reporting Date
******

Tax History

Intelligence Badge

Contact Information

Want to pull contact information for hundreds of properties at once? Try our new tool, Data Enrichment, and streamline your workflow. Try Data Enrichment Intelligence Badge
These phone numbers and email addresses are checked against the litigator and TCPA lists. Report an error

Ownership Information

Intelligence Badge

Property Details

Intelligence Badge
There are no additional details for this property

Contacts

Listing removed on
 BY:
MR
Mark Ruble PRO
•••.•••.6766
••uble@•••••••••••••••.com
Brokerage logo
Listing removed on
 BY:
CL
Chris Lind PRO
•••.•••.6780
•••••.lind@•••••••••••••••.com
Brokerage logo
Listing removed on
 BY:
SB
Spencer Berkley PRO
•••.•••.1019
•••••••.•••kley@•••••••••••••••.com
Brokerage logo

Map

Comparable Properties

Intelligence Badge
*All information is deemed reliable but not guaranteed.
Does any data look off? Help us improve Crexi by offering your feedback!
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591