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KinderCare 7761 Amana Trl 12,081 SF Retail Building Inver Grove Heights, MN 55077 $12,115,664 CAD ($1,002.87 CAD/SF) 6.75% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Brand-new 15-year absolute net corporate net lease
  • Three, 5-year options to extend the lease at the expiration of the base term
  • Extremely affluent residential demographics – $181,000 average household incomes within a 1-mile radius of the subject property
  • 10% rental increase in Year 6 then 2% annual increases thereafter
  • 2025 build-to-suit construction building that serves as an outparcel to Target

EXECUTIVE SUMMARY

A brand-new 15-year absolute net KinderCare lease featuring a 10% rental increase in Year 6 and 2% annual increases thereafter throughout the base term and options. The subject property is located in Inver Grove Heights – an affluent suburb in the Minneapolis-St. Paul MSA boasting average household incomes of $181,000 within a 1-mile radius.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
12,081 SF
Year Built
2025
Price
$12,115,664 CAD
Price Per SF
$1,002.87 CAD
Cap Rate
6.75%
NOI
$817,807 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.84 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
20-12050-02-030
Land Assessment
$396,926 CAD
Improvements Assessment
$48,876 CAD
Total Assessment
$445,801 CAD
  • Listing ID: 38777279

  • Date on Market: 2025-12-15

  • Last Updated:

  • Address: 7761 Amana Trl, Inver Grove Heights, MN 55077

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