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Little Sprouts Academy | Menomonie, WI

Retail | 7.25% CAP | 10,225 SF

Listing Contacts

Active

Asking Price: $1,769,628
Address 

425 Technology Dr E, Menomonie, WI 54751

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

Details

Property TypeRetail
SubtypeDay Care/Nursery
Investment TypeNet Lease
Lease TypeAbsolute NNN
TenancySingle
Brand/TenantLittle Sprouts, Little Newtons
Lease Expiration03/31/2037
Square Footage10,225
Cap Rate7.25%
Occupancy100%
NOI$128,298
Year Built2015
Buildings1
Lot Size (acres)1.83
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.​ The tenant is currently paying below-market rent and the market has a very low vacancy rate of less than 1%.​

Well-Suited & Located Property -
Strategically located near U.​S.​ Hwy 12, a main corridor in Menomonie, but not along a high-traffic road.​ The newer building features nearly 12,000 square feet of space on almost 2 acres with great underlying real estate.​ The daycare is surrounded by several major local employers including Mayo Clinic, Anderson Corporation, Philips Plastics Corporation as well as several local schools.​

Strong, Growing Tenant -
Little Sprouts, as a division of Little Newtons’ child care centers, has been serving families in Menomonie since 2011.​ Little Newton's was established in 2009 and has been steadily growing with 8 locations in Minnesota, Wisconsin and Illinois.​

Solid Market and Growing Population -
Menomonie has a diverse and thriving community with a steadily growing population.​ While the population of Menomonie is about 16,700 it has had steady population growth.​ The population within a 10-mile radius of the property is over 30,000 with an average household income of over $77,000.​

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$128,298.00
$10,691.50/mo

Valuation Metrics

0
DSCR
7.25%
Cap Rate
7.25%
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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Additional Information
Broker Name
Brian Brisky
Broker License
WI WI 56114
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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