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31130570
31130569

11930 Business Park Blvd N, Champlin, MN 55316

AH
NY: 10401334976
SURMOUNT
FP
NY 10401333619
SURMOUNT
EO
NY NY 10401298466
SURMOUNT
GK
NY 49KU1129178
SURMOUNT
CM
SURMOUNT
Listed by SURMOUNT
$6,599,575
223 days on market
Updated 78 days ago

Lightbridge Academy

Details
Property Type Special Purpose
Sub Type School
Square Footage 11,320
Cap Rate 7%
NOI $461,983
Occupancy 100%
Tenancy Single
Lease Type NNN
Price per SqFt $583
Year Built 2025
Acreage 2.320
Tenant Credit Corporate Guarantee

Special Purpose | 7.00% CAP | 11,320 SqFt

Marketing description

Surmount is pleased to present the exclusive listing for a Lightbridge Academy located at 11930 Business Park Blvd N, Champlin, MN. The site consists of roughly 11,320 rentable square feet of building space on an estimated 2.32-acre parcel of land. This Lightbridge Academy is subject to a 20 year Triple Net (NNN) lease, which will commence 30 Days After Substantial Completion of the building. The annual rent will be $461,983 and has scheduled increases of 2.00% annually.

Investment highlights

  • Corporate Guarantee | The subject property's lease is guaranteed by New Jule Holding LLC, a seasoned childcare operator with a proven track record of success. The corporate guaranty remains in place for the full 20-year lease term, offering investors long-term security and predictable income backed by a well-capitalized, experienced operator.

  • Brand New Construction | The property is a brand-new construction, offering a state-of-the-art facility with minimal near-term capital expenditures. Investors benefit from long-term, triple-net lease stability, predictable income, and reduced management responsibilities, all in a modern, purpose built asset.

  • Prime Outparcel to Target | This property is a highly visible outparcel to Target, which draws approximately 1.7 million annual visitors (Placer.ai). It benefits from close proximity to other national tenants, including Arby’s, Wells Fargo, Jersey Mike’s, McDonald’s, Ace Hardware, and Dollar Tree, offering exceptional customer traffic, strong visibility, and the potential for sustained retail performance.

  • Affluent and Strong Demographics | The subject property is located in a densely populated trade area with 65,800 residents and an average household income of $106,900 within a 3-mile radius, and 162,900 residents with an average household income of $110,300 within a 5-mile radius.

Listing Contacts

AH
NY: 10401334976
SURMOUNT
FP
NY 10401333619
SURMOUNT
EO
NY NY 10401298466
SURMOUNT
GK
NY 49KU1129178
SURMOUNT
CM
SURMOUNT
Listed by SURMOUNT

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$461,983.00
$38,498.58/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

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Additional Information

Name
Brian Brockman
License
40628602
Brokerage
Bang Realty, Inc
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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