Listed by Avison Young - San Francisco
$5,064,000
EVERBROOK ACADEMY - EAGAN, MN
Details
APN 10-42600-02-030
Property Type Retail, Office
Sub Type Day Care/Nursery
Square Footage 10,314
Net Rentable (SqFt) 10,306
Units 1
Cap Rate 7.6%
NOI $384,904
Occupancy 100%
Brand/Tenant Everbrook Academy
Lease Type Absolute NNN
Lease Term 15.7
Lease Expiration 02/28/2033
Remaining Term 6.7
Lease Options 3
Price per SqFt $491
Class A
Year Built 2017
Buildings 1
Lot Size (SqFt) 62,726
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 07/01/2017
Ground Lease No
Absolute NNN Investment with zero landlord responsibilities
Marketing description
Offering an attractive 7.6% cap rate backed by a corporate-guaranteed absolute NNN lease, providing investors with predictable cash flow and no landlord responsibilities. With the tenant responsible for all maintenance and operating expenses, the investment combines passive ownership with the security of a lease guaranteed by a nationally recognized operator. Built-in rent increases every five years further enhance the property's income growth profile and long-term investment appeal.
Investment highlights
- Corporate guaranteed lease with second largest for profit school operator in the U.S.
- Absolute NNN lease structure with zero landlord responsibilities.
- Originally operated by Prestige, later acquired by LCG and rebranded as Everbrook Academy, underscoring the location’s strong performance and desirability.
- $147,000 average household income within a one-mile radius supports continued demand for premium childcare and early education services.
Listing Contacts
Listed by Avison Young - San Francisco
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$384,904.00
$32,075.33/mo
Valuation Metrics
0
DSCR
7.6%
Cap Rate
7.6%
ROI
Map
Zoning
LB CommercialOfficeLimited Business
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View all 26 uses
View all 26 uses Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics
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