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Build-to-Suit NNN Property
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9600 Garland Lane North, Maple Grove, MN 55311

New construction leased to a school under an absolute net structure with corporate parent support.

Property SizeContact for details
Days on Market12

Property Features for 9600 Garland Lane North

General Information

Standard status Active
Property subtype Retail, Special Purpose

Building Details

Tenancy Single
Listing Agency: CP Partners
Listed By: John Andreini · License #CA 01440360
Source: Crexi
Added: Sep 14 Changed: Sep 16 Last Checked: Sep 24 at 9:47AM

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 CP Partners

Investment Insights

Based on property information with market context.

This brand-new, build-to-suit NNN property is occupied by The Gardner School under a 20-year absolute net lease. The agreement includes 10% rent increases every 5 years during the base term, along with option periods and a guaranty from TGS Holdings, LLC, the tenant’s parent company.

The property is located at 9600 Garland Lane North in Maple Grove, Minnesota. TGS Holdings, LLC reported FY 2024 revenues exceeding $117 million and global school-level profit of $20 million, providing additional financial context for the lease guaranty.

Key Highlights

  • Brand‑new build‑to‑suit property occupied by The Gardner School
  • 20‑year absolute net lease
  • 10% rent increases every 5 years during the base term

Property Analytics

Current Use

Schools

Suggested Use

Top Pick Real Estate Agency Hair Salon HVAC Service Kitchen & Bath Showroom Electrical Service Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

322
Businesses Nearby

Demographics for 55311, MN

37,390
Population
14,284
Households
2.6
Avg Household Size
39
Median Age
59%
College-Educated
98%
High-School Grad
16.4 sq mi
ZIP Area
2,280
Density / Sq Mi
$148,122
Median Household Income
$76,960
Median Earnings
$1,894
Median Rent
$466,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
NNN property - New construction leased to a school under an absolute net structure with corporate parent support.
Where is this nnn property located?
The property is located at 9600 Garland Lane North Maple Grove, MN.
What is the asking price?
The asking price for this property is $8,560,000.
What are key features of this property?
This property features: Brand‑new build‑to‑suit property occupied by The Gardner School; 20‑year absolute net lease; 10% rent increases every 5 years during the base term
(415) 274-2715 Call to check price and availability
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