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River Valley Montessori

110 Prairie St N, Shakopee, Minnesota 55379
$4,028,800
River Valley Montessori

Property Details

Property Type
Improved property
Building Type
Freestanding
Building Size
10,891 sqft
Land Size
1.24 acres
Zoning
-
Year Built
2018

Property Description

• Long Term Lease - River Valley Montessori operates under a long term lease with 15 years remaining and 2% annual rent increases.
• Corporate Guaranty - The Lease is corporately guaranteed by Learning Care Group (US), Inc., one of the largest childcare operators in the US with more than 1,150 locations nationwide.
• Prime Shakopee Location - The property is strategically located near downtown Shakopee along First Avenue E, benefiting from strong visibility and traffic counts exceeding 20,000 vehicles per day.
• Affluent Demographics - Strong surrounding demographics include a 5-mile average household income of $161,303 and a population of 110,195 residents.
• Regional Entertainment Hub - Shakopee is a regional destination for entertainment and tourism featuring some of Minnesota’s most visited attractions, including Valley Fair Amusement Park, Canterbury Park, Mystic Lake Casino & Hotel, and a newly constructed Live Nation Amphitheater.
• Rapidly Growing Community - Located just 20 minutes southwest of Minneapolis, Shakopee is one of the fastest-growing cities in Minnesota, benefiting from continued residential and commercial expansion.
• Expanding Residential Base - The property is positioned within a rapidly expanding residential corridor, with significant recent and ongoing housing development in Shakopee, including large master-planned communities such as Canterbury Commons and multiple single-family and multifamily projects.

Location

Contact

Keith A. Sturm, CCIM
Keith A. Sturm, CCIM
Upland Real Estate Group, Inc.
Office: (612) 332-6600
[email protected]
Deborah K. Vannelli, CCIM
Deborah K. Vannelli, CCIM
Upland Real Estate Group, Inc.
Office: (612) 376-4475
[email protected]