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11725 Stinson Ave 115,000 SF Specialty Building Offered at $4,237,920 CAD at a 8.33% Cap Rate in Chisago City, MN 55013
Investment Highlights
- Classical Christian Academy serving the Twin Cities adolescents in need for a great education vs the public schools
- Awareness and support for mental health/addiction impacts on education
- Growth of student housing up to 80-100 students on site possible with expansion of showers
Executive Summary
Veritas Classical Christian Academy seeking a Buyer/Investor for a sale leaseback for the school to continue in the prior Fairview Hospital building. There is additional space for leasing up to synergistic tenants. 115,000 sq ft building that provides student dormitory and meals for Junior High and Senior High students. **Sale price to be in partnership/sharing with the current owner to create a future value based upon increased student enrollment and NOI. The structure to be determined between Buyer and Seller and goal is to generate a valuation of $8M or more.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $4,237,920 CAD | Property Subtype | Schools |
| Price Per SF | $36.85 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 1.45 AC |
| Cap Rate | 8.33% | Building Size | 115,000 SF |
| Sale Condition | Sale Leaseback | No. Stories | 2 |
| Property Type | Specialty | Year Built | 1957 |
| Zoning | PSP-F | ||
| Price | $4,237,920 CAD |
| Price Per SF | $36.85 CAD |
| Sale Type | Investment |
| Cap Rate | 8.33% |
| Sale Condition | Sale Leaseback |
| Property Type | Specialty |
| Property Subtype | Schools |
| Building Class | B |
| Lot Size | 1.45 AC |
| Building Size | 115,000 SF |
| No. Stories | 2 |
| Year Built | 1957 |
| Zoning | PSP-F |
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD (2024) | |
| Land Assessment | $0 CAD (2024) | Total Assessment | $9,566,115 CAD (2024) |
Property Taxes
Parcel Numbers
Land Assessment
$0 CAD (2024)
Improvements Assessment
$0 CAD (2024)
Total Assessment
$9,566,115 CAD (2024)
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Palm Commercial Brokerage
11725 Stinson Ave
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