Listed by Marcus & Millichap - Phoenix, Marcus & Millichap - Columbus
$2,416,615
La Petite Academy - Early 10 Year Lease Extension
Details
Property Type Retail
Sub Type Day Care/Nursery
Square Footage 7,700
Cap Rate 6.5%
NOI $157,080
Occupancy 100%
Tenancy Single
Brand/Tenant Learning Care Group, La Petite Academy
Lease Type NNN
Lease Term 10
Lease Expiration 04/30/2036
Remaining Term 10
Rent Bumps Yes
Lease Options 3, 5 Year Options
Year Built 2012
Buildings 1
Acreage 1.300
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 04/02/2026
Ground Lease No
Rare Low Price Point Childcare Center | 2% Annual Rent Bumps
Marketing description
La Petite Academy, Inc. is one of the nation’s largest educational daycare companies. Headquartered in Novi, Michigan, the company operates more than 450 schools across the country. La Petite Academy provides strong social and educational foundations to prepare children for success in elementary school and beyond.
Oakdale is a city in Washington County, Minnesota, United States. It is a suburb of Saint Paul and is on the eastern side of the Twin Cities Metropolitan area. The population was 28,303 at the 2020 census.
Investment highlights
- Triple-Net (NNN) Corporate Lease with Early 10-Year Lease Extension
- Corporate Guaranty by Learning Care Group, One of the Largest Providers of Early Childhood Care in the U.S. with Over 1,150 Schools Across 11 Brands
- 7 Feeder Elementary Schools within a 6-Mile Radius
- Average Household Income Exceeds $166,000 Within a 1-Mile Radius
- More Than 170,000 Residents Within a 5-Mile Radius
- Household Projected Growth of 7% In the Next 5 Years Within a 1-Mile Radius
- Within a 30-Minute Drive of Downtown Minneapolis and Minneapolis-Saint Paul International Airport
- Located Near a Strong Retail Corridor - Major Tenants Include ALDI's, Ross Dress for Less, The Home Depot, Target, Costco, Hobby Lobby, and Trader Joe's
- Easily Accessible by 116,600+ Cars per Day from US Highway 94 and 19,170+ from Inwood Ave N
- 20 Minutes from the University of Minnesota (41,300+ Students)
Listing Contacts
Listed by Marcus & Millichap - Phoenix, Marcus & Millichap - Columbus
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$157,080.00
$13,090.00/mo
Valuation Metrics
0
DSCR
6.5%
Cap Rate
6.5%
ROI
Map
Zoning
B1 CommercialGeneral CommercialCommercial District
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View all 91 uses Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics
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