1485 NW Bunker Lake Blvd | Andover, MN 55304
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- LoopNet Team
1485 NW Bunker Lake Blvd
Andover, MN 55304
Cadence Academy · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute Triple-Net (NNN) Lease with Approximately 12 Years Remaining
- Two Percent Annual Rental Increases
- Average Household Income Exceeds $149,000 in the Immediate Area
- Corporate Guaranty by Cadence Education, One of the Largest Providers of Early Childhood Care in the U.S. with Over 300 Schools Across 40 Brands
- 150,785 Residents within a Five-Mile Radius - Minneapolis MSA
- High Visibility Location Near Signalized Intersection of Bunker Lake Blvd NW Hanson Blvd NW (Over 35,000 Cars Per Day)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Day Care Center
Building Size
8,540 SF
Building Class
B
Year Built/Renovated
2007/2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
3.86 AC
Parking
55 Spaces (6.44 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 35-32-24-23-0045 | Improvements Assessment | $896,300 |
| Land Assessment | $922,700 | Total Assessment | $1,819,000 |
PROPERTY TAXES
Parcel Number
35-32-24-23-0045
Land Assessment
$922,700
Improvements Assessment
$896,300
Total Assessment
$1,819,000
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