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Marketing Description
This Prestige Academy is located on Emperor Avenue where traffic counts average over 32,500 vehicles per day. This property is located just south of the Super Target, Wells Fargo, Edina Realty, Pizza Ranch, Fantastic Sam's and many more retailers in the nearby area. Apple Valley is a city in northwestern Dakota County in the State of Minnesota, and a suburb of the Twin Cities. This city is the 17th most populous city in Minnesota and was named by Money Magazine as the 17th best place to live in the United States. The Top Employers in the Apple Valley area include: Target Corporation, Walmart, Menards and Apple Valley Medical Clinic. Regional-center complex/capital city—southeast Minnesota along upper Mississippi River, 20 miles west of Wisconsin border. August, July and June are the most pleasant months in Apple Valley, while the winters can be longer they are still beautiful through the snowfall.
Investment Highlights
- Prestige Academy property has 10 years remaining on a Triple-Net-Lease with 12% rent increases every 5 years.
- Prestige Preschool Academy operates 24 locations throughout California, Colorado, Kansas, Minnesota and Virginia.
- Solid retail location near Target, Hy-Vee, and Quarry Point Park new development.
- High traffic counts of 32,000 vehicles per day on Pilot Knob Road.
- In addition to tenant guaranty there is a personal guaranty with 5 years remaining.
- Apple Valley a suburb of the Twin Cities, was named the 17th Best Place to Live in the United states by Money Magazine in 2010.
- Strong demographics within a 5-mile radius population over 155,000 and average household income exceeding $123,000.
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