Everbrook Academy | Minnetonka, MN 14730 Excelsior Blvd 10,153 SF Retail Building Minnetonka, MN 55345 $5,175,320 ($509.73/SF) 7.50% Cap Rate

Absolute NNN Lease -
The property is secured by a new absolute NNN lease with zero landlord responsibilities. The lease features over 6 years of remaining term, scheduled rental increases every 5 years, and three additional 5-year renewal options.
Newer Construction with Prime Visibility -
Built in 2017, this well-maintained property features over 10,000 square feet on a prominent corner lot along Excelsior Boulevard. The site benefits from excellent visibility in a high-traffic corridor and offers convenient access to major transportation routes, enhancing both exposure and accessibility.
Affluent, High-Growth Submarket -
Located in a premier Twin Cities suburb, the property is surrounded by strong demographics and sustained population growth. The area boasts average household incomes exceeding $160,000 within a three-mile radius. Minnetonka is widely recognized for its highly educated population, above-average income levels, top-rated schools, and exceptional quality of life.
Dynamic Retail & Residential Corridor -
Positioned within a vibrant and expanding community, the property is surrounded by a strong mix of national and local retailers, dining options, and diverse housing. The area’s blend of suburban charm and urban convenience continues to attract affluent families and professionals.
Established National Tenant -
The property is leased to Everbrook Academy, a subsidiary of Learning Care Group, Inc.—the second-largest for-profit early childhood education provider in the U.S., with over 1,070 locations across 39 states and Washington, D.C. The tenant offers strong brand recognition and operational stability.