Leased Child Care
For Sale
Contact for pricing
150 Sparrow Road, Waconia, MN 55387
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$503
Days on Market118
Property Features for 150 Sparrow Road
General Information
Standard status
Active
Size
12,730 SF
Property subtype
Retail, Special Purpose
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$427,728
Building Details
Year Built
2024
Tenancy
Single
Listing Agency:
ParaSell Inc
Listed By:
Scott Reid · License #10991231395
(949) 942-6585
Source:
Crexi
Added: May 12
Changed: Sep 5
Last Checked: Sep 4 at 1:46PM
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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
23
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 55387, MN
14,552
Population
5,711
Households
2.5
Avg Household Size
38
Median Age
49%
College-Educated
98%
High-School Grad
31.5 sq mi
ZIP Area
462
Density / Sq Mi
$109,279
Median Household Income
$62,716
Median Earnings
$1,306
Median Rent
$418,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
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 $6,415,914.
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
