Child Care
Cadence Academy dba Lil' Explorers Childcare
3880 Fountain Hills Rd, Prior Lake, MN 55372
Listing Price: $6,430,000
Investment Overview
Marcus & Millichap is pleased to present for sale Lil' Explorers Childcare Center in Prior Lake, Minnesota. Lil' Explorers Childcare Center is a preschool and daycare serving the Prior Lake area of Minnesota. It is part of the Cadence Education family of brands. Cadence Education is one of the nation's premier early childhood educators. The company operates more than 300 private preschools and elementary schools within the Cadence Education Family of Schools.
Located approximately 28 miles from downtown Minneapolis, Prior Lake is a growing suburb that combines a small-town atmosphere with commercial and industrial development. A premier recreational community in the Twin Cities, Prior Lake boasts more than 55 parks on 1,000 acres.
Cadence Academy dba Lil' Explorers Childcare
Investment Highlights
- Brand New Absolute Triple-Net (NNN) Lease with 14 Years Remaining
- Corporate Guaranty by Cadence Education, One of the Largest Providers of Early Childhood Care in the U.S. with Over 300 Schools Across 40 Brands
- Two Percent Annual Rental Increases
- New High-Quality 2022 Construction with Two Outdoor Playgrounds
- Affluent Trade Area - Average Household Income Exceeds $190,000 within One Mile
- 92,298 Residents within a Five-Mile Radius - Minneapolis MSA
- Households and Population Projected to Grow by 10 - 12 Percent in the Immediate Area Over the Next Five Years
- More Than 26,000 Cars per Day at the Corner of Eagle Creek Ave NE and 104th Street NE
Exclusively Listed By
Broker of Record
Financing By
Child Care
Cadence Academy dba Lil' Explorers Childcare
Listing Price: $6,430,000
Investment Highlights
- Brand New Absolute Triple-Net (NNN) Lease with 14 Years Remaining
- Corporate Guaranty by Cadence Education, One of the Largest Providers of Early Childhood Care in the U.S. with Over 300 Schools Across 40 Brands
- Two Percent Annual Rental Increases
- New High-Quality 2022 Construction with Two Outdoor Playgrounds
- Affluent Trade Area - Average Household Income Exceeds $190,000 within One Mile
- 92,298 Residents within a Five-Mile Radius - Minneapolis MSA
- Households and Population Projected to Grow by 10 - 12 Percent in the Immediate Area Over the Next Five Years
- More Than 26,000 Cars per Day at the Corner of Eagle Creek Ave NE and 104th Street NE
Investment Overview
Marcus & Millichap is pleased to present for sale Lil' Explorers Childcare Center in Prior Lake, Minnesota. Lil' Explorers Childcare Center is a preschool and daycare serving the Prior Lake area of Minnesota. It is part of the Cadence Education family of brands. Cadence Education is one of the nation's premier early childhood educators. The company operates more than 300 private preschools and elementary schools within the Cadence Education Family of Schools. Located approximately 28 miles from downtown Minneapolis, Prior Lake is a growing suburb that combines a small-town atmosphere with commercial and industrial development. A premier recreational community in the Twin Cities, Prior Lake boasts more than 55 parks on 1,000 acres.
Exclusively Listed By
Broker of Record
Financing By
