Leased Child Care
150 Sparrow Road Waconia, MN 55387
150 Sparrow Road, Waconia, MN, 55387
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For Sale
Contact for pricing
Single-tenant child care building is offered for sale and is leased to New Creations Child Care and Learning Center.
Property Size12,730 SF
Price / SF$480
Days on Market72
Property Features for 150 Sparrow Road
General Information
- Standard status
- Active
- Size
- 12,730 SF
- Property subtype
- Retail, Special Purpose
Building Details
- Year Built
- 2024
Listing agency
ParaSell Inc
(949) 942-6585
Listed by
Scott Reid · License #WA - 21245
Source
Crexi
Added: May 12 Updated: Jul 22 at 3:54AM Checked: Jul 22 at 3:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ParaSell Inc
Investment Insights
Based on property information with market context.
This offering presents a 12,730 SF child care facility leased to New Creations Child Care and Learning Center. The property is being sold with approximately 13 years of remaining lease term, along with favorable 2.7% annual rent escalations.
The tenant is described as a well-established regional operator with 20 locations across Minnesota and Iowa, supporting the property’s essential-service use.
For investors seeking an income-producing, long-term lease structure, this single-tenant setup is designed for predictable rent growth through the contractual annual increases.
The tenant is described as a well-established regional operator with 20 locations across Minnesota and Iowa, supporting the property’s essential-service use.
For investors seeking an income-producing, long-term lease structure, this single-tenant setup is designed for predictable rent growth through the contractual annual increases.
Key Highlights
- 12,730 SF single‑tenant child care building built in 2024 at 150 Sparrow Road in Waconia, MN
- Leased to New Creations Child Care and Learning Center, with the property operated by a regional childcare operator
- Approximately 13 years of remaining lease term
Property Analytics
Location Intelligence
Current Use by Public Records
Day care centers
Similar For Sale Nearby
FAQs
What type of property is this?
Day care center - Single-tenant child care building is offered for sale and is leased to New Creations Child Care and Learning Center.
Where is this day care center located?
The property is located at 150 Sparrow Road Waconia, MN.
What is the asking price?
The asking price for this property is $6,110,400.
What are key features of this property?
This property features: 12,730 SF single‑tenant child care building built in 2024 at 150 Sparrow Road in Waconia, MN; Leased to New Creations Child Care and Learning Center, with the property operated by a regional childcare operator; Approximately 13 years of remaining lease term
