425 Technology Dr E Menomonie, WI 54751

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.