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Child Care

Everbrook Academy

Parson Ave NE, Otsego, MN 55330

Listing Price: $6,400,000

Cap Rate
7.00%
Tenant Name
Everbrook Academy
Years Remaining On Lease
15.1
Guarantor
Corporate Guarantee
Rentable SF
11,758
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$38.10

Investment Overview

Everbrook Academy offers an engaging, nurturing environment for every child, during the most critical early years, starting in infancy. Everbrook Academy is part of Learning Care Group, and has 71 schools open and in development across 14 states.

Situated 33 miles from downtown Minneapolis, Otsego is optimally located with easy access to major freeway systems. Otsego is a northwest suburb of Minneapolis and is the largest city in Minnesota's Wright County with nearly 20,000 residents (as of the 2020 U.S. Census).

Investment Highlights

  • Brand New 15-Year Triple-Net (NNN) Lease with 7.5 Percent Rental Increases
  • New High-Quality 2025 Construction
  • 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
  • Population in the Immediate Area is Projected to Increase 10 Percent by 2029
  • Average Household Income Exceeds $130,000 in the Surrounding Area

Exclusively Listed By

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s) MN: 40583288

    Minnesota

Financing By

Child Care

Everbrook Academy

Listing Price: $6,400,000

Cap Rate
7.00%
Tenant Name
Everbrook Academy
Years Remaining On Lease
15.1
Guarantor
Corporate Guarantee
Rentable SF
11,758
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$38.10

Investment Highlights

  • Brand New 15-Year Triple-Net (NNN) Lease with 7.5 Percent Rental Increases
  • New High-Quality 2025 Construction
  • 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
  • Population in the Immediate Area is Projected to Increase 10 Percent by 2029
  • Average Household Income Exceeds $130,000 in the Surrounding Area

Investment Overview

Everbrook Academy offers an engaging, nurturing environment for every child, during the most critical early years, starting in infancy. Everbrook Academy is part of Learning Care Group, and has 71 schools open and in development across 14 states. Situated 33 miles from downtown Minneapolis, Otsego is optimally located with easy access to major freeway systems. Otsego is a northwest suburb of Minneapolis and is the largest city in Minnesota's Wright County with nearly 20,000 residents (as of the 2020 U.S. Census).

Exclusively Listed By

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s): MN: 40583288

    Minnesota

Financing By

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