Tierra Encantada | St. Louis Park, MN

Absolute NNN Lease -
This property offers a new absolute NNN lease with zero landlord responsibilities.​ The lease has over 10 years remaining, featuring annual rent increases, two 5-year options, and financial reporting.​ Plus, the location benefits from being a hometown market location for Tierra Encantada.​

Enhanced Building with Unmatched Location -
The property recently underwent $2.5M in renovations to meet tenant specifications.​ The building features over 11,000 square feet of main floor space, complemented by 3,600 square feet of lower level space that has been renovated for employee offices, a break room, and activity rooms.​ In addition, the property has a new HVAC system, parking lot, and playground.​

Affluent Neighborhood -
Located in an affluent Twin Cities suburb with strong demographics and consistent population growth, the area features an average household income exceeding $130,000 within a two-mile radius.​ St.​ Louis Park, a first-ring suburb directly west of Minneapolis, is a well-to-do community characterized by higher-than-average levels of education and income.​ The area is renowned for its excellent schools, vibrant amenities, and exceptional quality of life.​

High Visibility and Accessibility -
Strategically located along Excelsior Boulevard, the property offers exceptional visibility in a high-traffic area.​ Dual access points from Excelsior Boulevard and 36th Street, along with the property's close proximity to major transportation routes make this location highly accessible.​

Vibrant Community Hub -
Situated in a lively and growing area, this property is surrounded by trendy retailers, popular restaurants, and diverse residential options.​ The city's blend of small-town charm and metropolitan convenience contributes to its appeal among affluent individuals and families.​

Strong, Growing Tenant -
The property is leased to Tierra Encantada, a steadily expanding provider of bilingual early childhood education.​ Recognized as a Top New and Emerging Franchise, Tierra Encantada is considered a leader in Spanish Immersion Early Education, operating multiple locations nationwide with plans to add 15 more locations in the next two years.​ The tenant recently received a $38 Million Primary Growth Investment from Susquehanna Growth Equity (SGE) to fuel growth across the U.​S.​