Build-to-Suit NNN
9600 Garland Lane North, Maple Grove, MN 55311
For Sale
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New construction leased to a school under an absolute net structure with corporate parent support.
Property SizeContact for details
Days on Market57
Property Features for 9600 Garland Lane North
General Information
Standard status
Property subtype
Building Details
Tenancy
Listing Agency:
CP Partners
Listed By:
John Andreini · License #CA 01440360
(415) 274-2715
Source:
Crexi
Added: Sep 14
Changed: Nov 3
Last Checked: Nov 8 at 9:33AM
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
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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.
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
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
322
Businesses Nearby
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Business Placement
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
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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
