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425 Technology Dr E Menomonie, WI 54751

For Sale
$1,678,187

NNN leased daycare center with over 11 years remaining.

Property size:
10,225 SF
Lot size:
1.82 Acres

Property Features for 425 Technology Dr E

General Information

Size
10,225 SF
Lot size
1.82 Acres

Source: Brisky Net Lease Agent Brian Brisky

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Menomonie Daycare Center For Sale

This property features a new absolute NNN lease with zero landlord responsibilities and over 11 years remaining. The lease includes 2% annual rent increases. The tenant is currently paying below-market rent, and the market has a very low vacancy rate of less than 1%. The newer building offers nearly 12,000 square feet of space on almost 2 acres with great underlying real estate. It is strategically located near U.S. Hwy 12, a main corridor in Menomonie, but not along a high-traffic road. The daycare is surrounded by several major local employers including Mayo Clinic, Anderson Corporation, Philips Plastics Corporation as well as several local schools. Little Sprouts, a division of Little Newtons’ child care centers, has been serving families in Menomonie since 2011. Little Newton's was established in 2009 and has been steadily growing with 8 locations in Minnesota, Wisconsin and Illinois. Menomonie has a diverse and thriving community with a steadily growing population. The population within a 10-mile radius of the property is over 30,000 with an average household income of over $77,000. The population of Menomonie is about 16,700 and has had steady population growth.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Day care centers

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Bouncin' Babies & Kool Kids Child Care Center and Preschool, Menomonie Day Care Inc, Rocking B Academy

Location Insight

  • Map
  • Local Demand
City
Menomonie
County
Dunn
State
Wisconsin
Longitude
-91.894048
Latitude
44.8786736

FAQs

What type of property is this?
Day care center - NNN leased daycare center with over 11 years remaining.
Where is this day care center located?
The property is located at 425 Technology Dr E Menomonie, WI.
What is the asking price?
The asking price for this property is $1,678,187.
What are key features of this property?
This property features: - Absolute NNN lease with zero landlord responsibilities and over 11 years remaining.; - Benefit from 2% annual rent increases built into the lease.; - Tenant currently paying below-market rent in a market with less than 1% vacancy.
More about this property
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