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Saint Michael, MN NNN Properties for Sale

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Leased Child Care Center (NNN)
Updated: Jun 17
Leased Child Care Center (NNN)

Saint Michael, MN 55376

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12,300 sqft
12,300 SF New Creations Child Care located at 4120 Edgewood Drive NE in St. Michael, MN
Stabilized triple net (NNN) lease investment backed by New Creations Child Care and Learning Center
Approximately 12 years remaining on the lease term
Rent escalations average 2% annually
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1 active listing matches your search: NNN for sale in Saint Michael, MN. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Freestanding Retail Building
Freestanding Retail Building

12400 Castlemoor Dr, Eden Prairie, MN 55344

$13,370,000
41,021 sqft

A net-leased property with a long-term master lease and sublease structure.

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Freestanding Day Care Center
Freestanding Day Care Center

14730 Excelsior Boulevard, Minnetonka, MN 55345

Contact for pricing
10,153 sqft

Built in 2017 with an absolute NNN lease to Everbrook Academy and scheduled rent increases every five years.

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Single-Tenant Car Wash
Single-Tenant Car Wash

8340 CRYSTAL VIEW RD, Eden Prairie, MN 55344

Contact for pricing

The absolute NNN lease places no landlord responsibilities on the owner and provides scheduled annual rent increases.

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Established Walgreens in Minnetonka
Established Walgreens in Minnetonka

4590 County Rd 101, Minnetonka, MN 55345

Contact for pricing
12,544 sqft

Walgreens with drive-through on hard corner with 9+ years remaining.

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Saint Michael, MN Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Saint Michael, MN on our real estate platform. These investment opportunities span a total of 12,300 square feet of properties for sale.

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Demographics Overview

Population 23K
Population Growth (5Y) +9.5%
Median Household Income $133,494
College Educated 58.2%

Taxes & Financing

Tax Rate (average for all types) 1.63%
Property Tax per SF $61.50 per SF
Tax Rate vs County Average 0.40 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Wright County

New Delisted

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