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    Saint Michael, MN
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    Saint Michael, MN NNN Properties for Sale

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    Leased Child Care Center (NNN)
    Updated: Jun 16
    Leased Child Care Center (NNN)

    Saint Michael, MN 55376

    Contact for pricing
    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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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Saint Michael, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Freestanding Day Care Center
    Freestanding Day Care Center

    14730 Excelsior Blvd, 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.

    View details
    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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    Net Leased Arby's Restaurant
    Net Leased Arby's Restaurant

    11978 Business Park Blvd N, Champlin, MN 55316

    Contact for pricing

    NNN Arby's on a high-traffic corner outlot in front of Target, with 10+ years remaining on the lease.

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    Triple-Net Gas Station Convenience Property
    Triple-Net Gas Station Convenience Property

    11420 Jefferson Ct, Champlin, MN 55316

    Contact for pricing

    Gas and convenience retail property subject to an absolute triple-net lease with 15-year term and multiple 10-year options.

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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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