3880 Fountain Hills | Prior Lake, MN 55372
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- LoopNet Team
3880 Fountain Hills
Prior Lake, MN 55372
Cadence Academy dba Lil' Explorers · Specialty Property For Sale · 16,300 SF
Investment Highlights
- Brand New Absolute Triple-Net (NNN) Lease with 14 Years Remaining
- Two Percent Annual Rental Increases
- Affluent Trade Area - Average Household Income Exceeds $190,000 within One Mile
- Corporate Guaranty by Cadence Education, One of the Largest Providers of Early Childhood Care in the U.S. with Over 300 Schools Across 40 Brands
- New High-Quality 2022 Construction with Two Outdoor Playgrounds
- 92,298 Residents within a Five-Mile Radius - Minneapolis MSA
PROPERTY FACTS
| Property Type | Specialty | Building Size | 16,300 SF |
| Property Subtype | Schools | No. Stories | 1 |
| Building Class | C | Year Built | 2022 |
| Lot Size | 1.80 AC | Parking Ratio | 2.64/1,000 SF |
| Property Type | Specialty |
| Property Subtype | Schools |
| Building Class | C |
| Lot Size | 1.80 AC |
| Building Size | 16,300 SF |
| No. Stories | 1 |
| Year Built | 2022 |
| Parking Ratio | 2.64/1,000 SF |
Amenities
- Air Conditioning
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 25-559-001-0 | Improvements Assessment | $3,022,000 |
| Land Assessment | $854,100 | Total Assessment | $3,876,100 |
PROPERTY TAXES
Parcel Number
25-559-001-0
Land Assessment
$854,100
Improvements Assessment
$3,022,000
Total Assessment
$3,876,100
zoning
| Zoning Code | PUD (Planned Unit Development) |
| PUD (Planned Unit Development) |
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