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Child Care

La Petite Academy - Early 10 Year Lease Extension

470 Imperial Ave N, Oakdale, MN 55128

Listing Price: $2,416,615

Cap Rate
6.50%
Tenant Name
La Petite Academy
Years Remaining On Lease
9.8
Gross SF
7,700
Guarantor
Corporate Guarantee
Rentable SF
7,700
Price/Gross SF
$313.85
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$20.40

Investment Overview

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
  • Seven Feeder Elementary Schools Within a Six-Mile Radius
  • Average Household Income Exceeds $166,000 Within a One-Mile Radius
  • More Than 170,000 Residents Within a Five-Mile Radius
  • Household Projected Growth of 7 Percent in the Next Five Years Within a One-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

Exclusively Listed By

Broker of Record

  • Jon Ruzicka

    Senior Managing Director Investments

    (952) 852-9700

    License(s) MN: 40583288

    Minnesota

Financing By

Child Care

La Petite Academy - Early 10 Year Lease Extension

Listing Price: $2,416,615

Cap Rate
6.50%
Tenant Name
La Petite Academy
Years Remaining On Lease
9.8
Gross SF
7,700
Guarantor
Corporate Guarantee
Rentable SF
7,700
Price/Gross SF
$313.85
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$20.40

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
  • Seven Feeder Elementary Schools Within a Six-Mile Radius
  • Average Household Income Exceeds $166,000 Within a One-Mile Radius
  • More Than 170,000 Residents Within a Five-Mile Radius
  • Household Projected Growth of 7 Percent in the Next Five Years Within a One-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

Investment Overview

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.

Exclusively Listed By

Broker of Record

  • Jon Ruzicka

    Senior Managing Director Investments

    (952) 852-9700

    License(s): MN: 40583288

    Minnesota

Financing By

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