14615 Glazier Ave - Jardin Spanish Immersion Academy Immeuble de 12 194 pi² • Spécialité • À vendre 7 027 051 $ CAD • Taux de capitalisation 7,15% • Apple Valley, MN 55124

Northmarq is pleased to offer the opportunity to acquire the single-tenant early childhood education asset located at 14615 Glazier Avenue in Apple Valley, MN (the “Property”). The Property comprises a recently constructed (2021) ±12,194 SF building on a 0.93-acre lot and is 100% leased to Jardin Spanish Immersion Academy. Jardin is operating under a NNN lease with 9+ years remaining, which commenced March 2021. The Lease features rare 2.50% annual rental increases and 2, 10-year renewal options (a more Landlord-friendly structure than the typical 5-year extension options). Landlord’s obligations under the Lease are limited to the structural elements of the building, all else (including the roof) is the direct responsibility of Tenant offering a hands-off investment opportunity – especially considering the recent 2021 construction. Jardin Spanish Immersion Academy is an 11-unit operator with locations throughout the Twin Cities metro area. The school was founded in 2002 and focuses on providing a well-rounded curriculum with the addition of early exposure and education in the Spanish language to shape well rounded, bi-lingual students. The lease offers both a full corporate guaranty and a personal guaranty from the CEO & founder of the Jardin Spanish Immersion Academy, plus full backing from the franchisee and excellent enrollment metrics at a unit-level (contact broker for details). This unique multi-layered guaranty plus strong unit-level performance makes this one of the most secure early childhood education assets on market today. Apple Valley is one of the Twin Cities’ most desirable suburbs, benefiting from household incomes of $132,000+ within 5 miles of the property and consistent annual population growth. Apple Valley offers direct access to major regional transportation routes including I-35E and Cedar Avenue, while its proximity to major employers, the Minneapolis-Saint Paul International Airport, and surrounding retail corridors continues to support long-term commercial demand and population stability. The Property itself is located on a dense commercial corridor with direct frontage on Cedar Avenue (51,000+ VPD).