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OFFERING SUMMARY

  • Location: Albertville, MN (Minneapolis MSA)
  • Address: 6869 Laketowne Place NE Albertville, MN 55301
  • Price: $6,200,000
  • Cap Rate: 7.00%
  • Building SF: 11,720 Sq Ft
  • Net Operating Income: $434,000
  • Year Built: 2025
  • Lot Size: +/- 2.26 Acres

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Marketing Package

EXCLUSIVELY LISTED BY:

INVESTMENT HIGHLIGHTS:

  • Corporate Guaranty from the #2 Corporate Operator in the Country
    – Learning Care Group (LCG) is officially recognized as the second-largest for-profit early childhood education and care provider in North America.
    – The company operates over 1,150 schools across the United States. Its network spans across 40 states and Washington, D.C.
    – LCG has the collective capacity to care for and educate over 165,000 children daily, ranging in age from 6 weeks to 12 years old.
    – Unlike some competitors that operate under a single name, LCG achieves its massive scale by maintaining a diverse portfolio of 11 unique brand identities. This multi-brand approach allows them to target various market segments, educational philosophies, and geographic regions.
    – Driven by its massive footprint, LCG generates an estimated $4.1 billion in annual revenue.
  • 14+ Years Remaining with Increases Every 5 Years
    – The Learning Care Group corporately guaranteed lease has over 14 years remaining.
    – The lease features rental increases every 5 years of 7.50% and continuing into the option periods, growing NOI and hedging against inflation.
    – The lease features limited landlord responsibilities, allowing for a passive investment for a new landlord.
  • Minneapolis MSA – 3,800,000+ People
    – The Minneapolis-St. Paul metro consists of 16 counties in the southeastern portion of central Minnesota. The metro has a population of more than 3.8 million people and covers 6,364 square miles.
    – The metro’s diverse economic base includes 14 Fortune 500 companies, such as Target Corp., Land O’Lakes, Best Buy, 3M Company, U.S. Bancorp and General Mills.
    – Minneapolis, with its strong financial base, houses the Ninth Federal Reserve District overseeing Montana, North and South Dakota, Minnesota, and parts of Wisconsin and Michigan.
  • Over $51,000,000 Spent on Education and Daycare in a 5-Mile Radius
    – A strong focus on education and early childhood development can make a city more attractive to businesses and skilled workers, contributing to overall economic growth.
    – Participants in early childhood programs are more likely to enroll in college and potentially experience higher earnings in adulthood.