4140 Excelsior Blvd St Louis Park, MN 55416

This property features a new absolute NNN lease with zero landlord responsibilities and nearly 10 years remaining. The lease includes annual rent increases, two 5-year options, and financial reporting. The building has over 11,000 square feet of main floor space, plus 3,600 square feet of lower level space renovated for employee offices, a break room, and activity rooms. Recent renovations totaling $2.5M were completed to meet tenant specifications, including a new HVAC system, parking lot, and playground. Located in St. Louis Park, an affluent Twin Cities suburb with strong demographics and consistent population growth, the area features an average household income exceeding $130,000 within a two-mile radius. The property is strategically located along Excelsior Boulevard, offering exceptional visibility in a high-traffic area. Dual access points from Excelsior Boulevard and 36th Street, along with close proximity to major transportation routes, make this location highly accessible. The property is leased to Tierra Encantada, a steadily expanding provider of bilingual early childhood education, recognized as a Top New and Emerging Franchise. Tierra Encantada operates multiple locations nationwide with plans to add 15 more locations in the next two years. The tenant recently received a $38 Million Primary Growth Investment from Susquehanna Growth Equity (SGE) to fuel growth across the U.S.