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32049456
32049459

14730 Excelsior Boulevard, Minnetonka, MN 55345 For Sale

BB
MN MN 40546562, WI WI 56114 (+1)
Brisky Net Lease
LC
MN 40962508
Brisky Net Lease
Listed by Brisky Net Lease
$5,175,320
79 days on market
Updated 72 days ago

Everbrook Academy | Minnetonka, MN

Details
Property Type Retail
Sub Type Day Care/Nursery
Square Footage 10,153
Cap Rate 7.5%
NOI $388,149
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 15.4
Lease Expiration 09/30/2032
Remaining Term 6.2
Rent Bumps Yes
Lease Options Three 5-Year
Price per SqFt $510
Year Built 2017
Acreage 1.190
Zoning B-2
Investment Type Net Lease
Lease Commencement 05/11/2017
Ground Lease No

Absolute NNN | Everbrook Academy | Great Twin Cities Suburb

Investment highlights

Absolute NNN Lease -

The property is secured by a new absolute NNN lease with zero landlord responsibilities. The lease features over 6 years of remaining term, scheduled rental increases every 5 years, and three additional 5-year renewal options.

Newer Construction with Prime Visibility -

Built in 2017, this well-maintained property features over 10,000 square feet on a prominent corner lot along Excelsior Boulevard. The site benefits from excellent visibility in a high-traffic corridor and offers convenient access to major transportation routes, enhancing both exposure and accessibility.

Affluent, High-Growth Submarket -

Located in a premier Twin Cities suburb, the property is surrounded by strong demographics and sustained population growth. The area boasts average household incomes exceeding $160,000 within a three-mile radius. Minnetonka is widely recognized for its highly educated population, above-average income levels, top-rated schools, and exceptional quality of life.

Dynamic Retail & Residential Corridor -

Positioned within a vibrant and expanding community, the property is surrounded by a strong mix of national and local retailers, dining options, and diverse housing. The area’s blend of suburban charm and urban convenience continues to attract affluent families and professionals.

Established National Tenant -

The property is leased to Everbrook Academy, a subsidiary of Learning Care Group, Inc.—the second-largest for-profit early childhood education provider in the U.S., with over 1,070 locations across 39 states and Washington, D.C. The tenant offers strong brand recognition and operational stability.

Listing Contacts

BB
MN MN 40546562, WI WI 56114 (+1)
Brisky Net Lease
LC
MN 40962508
Brisky Net Lease
Listed by Brisky Net Lease

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$388,149.00
$32,345.75/mo

Valuation Metrics

0
DSCR
7.5%
Cap Rate
7.5%
ROI

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Additional Information

Name
Brian Brisky
License
MN 40546562
Name
Lexi Caloud
License
40962508
Brokerage
Brisky Net Lease
Title
Associate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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