9015 Broderick Blvd | Inver Grove Heights, MN 55076
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- LoopNet Team
9015 Broderick Blvd
Inver Grove Heights, MN 55076
Concord Education Center · Specialty Property For Sale · 56,202 SF
Investment Highlights
- 56,669-square-foot public school building 100% leased to Intermediate School District #917 (https://www.isd917.org/).
- Tenant was established by Minnesota Legislature in 1969 as one of four specialty school districts in the state that offer integrated career, technical
- +/- 9 years of base term remaining on the triple net lease with annual rent increases.
- Tenant features a premier investment grade credit rating of Aa3 (Moody’s).
- Tenant serves nine member school districts in the southeast Twin Cities metropolitan area that cover a combined 295,000+ acres.
- Located 9 miles southeast of the MSP International Airport and 15 miles southeast of downtown Minneapolis.
PROPERTY FACTS
| Property Type | Specialty | Building Size | 56,202 SF |
| Property Subtype | Schools | No. Stories | 1 |
| Building Class | C | Year Built | 2000 |
| Lot Size | 7.18 AC | Parking Ratio | 5.23/1,000 SF |
| Property Type | Specialty |
| Property Subtype | Schools |
| Building Class | C |
| Lot Size | 7.18 AC |
| Building Size | 56,202 SF |
| No. Stories | 1 |
| Year Built | 2000 |
| Parking Ratio | 5.23/1,000 SF |
PROPERTY TAXES
| Parcel Number | 20-11861-01-010 | Improvements Assessment | $1,920,300 |
| Land Assessment | $1,975,200 | Total Assessment | $3,895,500 |
PROPERTY TAXES
Parcel Number
20-11861-01-010
Land Assessment
$1,975,200
Improvements Assessment
$1,920,300
Total Assessment
$3,895,500
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