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7964 N Xerxes Ave - KinderCare Minneapolis | Dense Population|NNN
4,700 SF Retail Building Offered at $845,833 at a 6% Cap Rate in Minneapolis, MN
- Highly Desirable Triple Net (NNN) Lease Structure With Zero Landlord Responsibilities
- Reliable Corporate Tenant With a Successful Operating History, Paying Under Market Rent and Long Commitment to the Site
- KinderCare Operates More Accredited Centers Than Any Other Provider, and Has Earned the Distinction of Being One of Less Than 40 Gallup Great Workplac
- KinderCare is the Third-Largest Privately Held Company Headquartered in Portland, Oregon and Provides Educational Programs For Children From Six Weeks
- Strategically Located Less Than 3-Miles Away From Interstate 94 (127,971 VPD) and Highway 252 (68,000 VPD) – Allowing This Location to Pull Students F
- Property is Conveniently Located in a Dense Residential Area With Access to Nearby Retail, Parks, Bus Stops, and Metropolitan Mass Transit System
|Price||$845,833||Gross Leasable Area||4,700 SF|
|Sale Type||Investment||No. Stories||1|
|Cap Rate||6.00%||Year Built||1981|
|Sale Conditions||Investment Triple Net||Tenancy||Single|
|Property Type||Retail||Parking Ratio||4/1,000 SF|
Day Care CenterMore...
|Zoning Description||Neighborhood Office|
|Building Class||C||APN / Parcel ID||23-119-21-32-0098|
|Lot Size||0.75 AC||Cross Streets||Lad Pkwy|
ABOUT 7964 N Xerxes Ave , Minneapolis, MN 55444
In Cooperation With: Jennifer D. Stein – JDS Real Estate Services, Inc. MN Lic. # 40407966 & CA Lic. #01507135
NNN Tenant Information
|Tenant||SF Occupied||Lease End Date|
|KinderCare Learning Centers, LLC||4,700||August 2023|
- Pylon Sign
|Collection Street||Cross Street||Traffic Vol||Year||Distance|
|Brookdale Dr N||York Ln N, W||6,046||2018||0.17 mi|
|Xerxes Ave N||81st Cir N, S||8,198||2018||0.26 mi|
|Xerxes Ave N||York Ln N, N||5,792||2018||0.28 mi|
|Lad Pkwy||80th Ave N, NW||1,336||2018||0.31 mi|
|Brookdale Dr||Brookdale Ct, NW||6,844||2018||0.41 mi|
Fridley Station Commuter Rail (Northstar Corridor)
|11 min drive||5.2 mi|
Minneapolis–Saint Paul International Airport
|37 min drive||21.7 mi|
The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.
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