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Lightbridge Academy 11930 Business Park Blvd N 11,320 SF Retail Building Champlin, MN 55316 $6,844,196 ($604.61/SF) 6.75% Cap Rate
Investment Highlights
- Corporate Guarantee
- Prime Outparcel to Target
- Brand New Construction
- Affluent and Strong Demographics
Executive Summary
Surmount is pleased to present the exclusive listing for a Lightbridge Academy located at 11930 Business Park Blvd N, Champlin, MN. The site consists of roughly 11,320 rentable square feet of building space on an estimated 2.32-acre parcel of land. This Lightbridge Academy is subject to a 20 year Triple Net (NNN) lease, which will commence 30 Days After Substantial Completion of the building. The annual rent will be $461,983 and has scheduled increases of 2.00% annually.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
11,320 SF
Building Class
B
Year Built
2025
Price
$6,844,196
Price Per SF
$604.61
Cap Rate
6.75%
NOI
$461,983
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
2.34 AC
Nearby Major Retailers
Property Taxes
| Parcel Number | 30-120-21-42-0007 | Improvements Assessment | $0 |
| Land Assessment | $218,000 | Total Assessment | $218,000 |
Property Taxes
Parcel Number
30-120-21-42-0007
Land Assessment
$218,000
Improvements Assessment
$0
Total Assessment
$218,000
Contacts
-
Amelia Haydock -
Francis Purritano -
Edward Otocka -
Glen Kunofsky -
Christopher Marks -
Surmount
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Lightbridge Academy | 11930 Business Park Blvd N
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