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Investment Highlights

  • Absolute NNN Lease
  • Affluent, High-Growth Submarket
  • Established National Tenant
  • Newer Construction with Prime Visibility
  • Dynamic Retail & Residential Corridor

Executive Summary

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.

Property Facts

Price $7,028,085 CAD
Price Per SF $692.22 CAD
Sale Type Investment
Cap Rate 7.50%
Property Type Specialty
Property Subtype Schools
Building Class B
Lot Size 1.19 AC
Building Size 10,153 SF
No. Stories 1
Year Built 2017
Parking Ratio 2.95/1,000 SF
Zoning B-2
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
33-117-22-11-0045
Land Assessment
$1,161,899 CAD
Improvements Assessment
$2,099,620 CAD
Total Assessment
$3,261,519 CAD
  • Listing ID: 40351191

  • Date on Market: 2026-04-30

  • Last Updated:

  • Address: 14730 Excelsior Blvd, Minnetonka, MN 55345

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