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Little Sprouts Academy | Burnsville, MN

Retail | 7.00% CAP | 6,175 SF

Listing Contacts

Active

Asking Price: $1,691,843
Address 

100 Cobblestone Ln, Burnsville, MN 55337

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Date Added
Jan 8, 2025
Days on Market
69 days
Time Since Last Update
69 days

Details

Property TypeRetail
SubtypeDay Care/Nursery
Investment TypeNet Lease
Lease TypeAbsolute NNN
TenancySingle
Brand/TenantLittle Sprouts, Little Newtons
Lease Expiration03/31/2037
Square Footage6,175
Cap Rate7.00%
Occupancy100%
NOI$118,429
Year Built1984
Year Renovated1995
Buildings1
Lot Size (acres)1
Rent BumpsYes
Lease OptionsFour 5-Yr

Marketing Description

Absolute NNN Lease -
This property offers a new absolute NNN lease with zero landlord responsibilities.​ The lease has over 12 years remaining and 2% annual rent increases.​

Prime Retail-Dense Location -
Situated in a thriving retail corridor, the property benefits from proximity to national and regional retailers including Costco, Target, The Burnsville Shopping Mall, and many others.​

Excellent Connectivity and Visibility -
Positioned near key commuter routes, including I-35 and County Road 42, the property benefits from significant daily traffic counts and steady commuter flow between Burnsville and the Minneapolis/St.​ Paul urban core, enhancing both visibility and accessibility.​

Strong Demographics -
Burnsville boasts a robust economy and a steadily growing population.​ The area is home to a large number of families, with a 9% higher concentration of children aged 0-4 compared to the national average.​

Strong, Growing Tenant -
Little Sprouts, as a division of Little Newtons’ child care centers, was established in 2009 and has been steadily growing with 8 locations in Minnesota, Wisconsin and Illinois.​

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$118,429.00
$9,869.08/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

Contact

Listing Contacts


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Broker Information
Broker Name
Brian Brisky
Broker License
MN MN 40546562
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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