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Investment Details

Price: $6,268,850 Location: Maple Grove, MN
Cap Rate: 6.00% Lease Type: NN
NOI: $376,131 Lease Expiration: June 2036
Demographic Information (5-Mile Radius)
2022 Population: 111,165
2027 Population: 113,860
2022 Average Household Income: $171,285
2022 Median Household Income: $131,195
Contact
Keith Sturm, CCIM
keith@upland.com
612.376.4488
Amanda Leathers
amanda@upland.com
612.436.0045

NEW CREATIONS CHILD CARE & LEARNING CENTER

Maple Grove | Minnesota
Highlights
• New Creations has 13 years remaining on the lease with 3% annual rent increases beginning in year 6.
• New Creations was newly constructed in 2021 and is ideally located in new housing developments.
• Located across the intersection from a newly built Hy-Vee.
• Excellent demographics with an average household income of $197,303 within a 1-mile radius.
• Maple Grove serves as a retail, cultural, and medical center hub.
• Maple Grove is home to Arbor Lakes, Minnesota’s first Lifestyle Center, with over 250 businesses.

NEW CREATIONS CHILD CARE & LEARNING CENTER

Maple Grove | Minnesota

Highlights
• New Creations has 13 years remaining on the lease with 3% annual rent increases beginning in year 6.
• New Creations was newly constructed in 2021 and is ideally located in new housing developments.
• Located across the intersection from a newly built Hy-Vee.
• Excellent demographics with an average household income of $197,303 within a 1-mile radius.
• Maple Grove serves as a retail, cultural, and medical center hub.
• Maple Grove is home to Arbor Lakes, Minnesota’s first Lifestyle Center, with over 250 businesses.

Investment Details

Price: $6,268,850
Location: Maple Grove, MN
Cap Rate: 6.00%
Lease Type: NN
NOI: $376,131
Lease Expiration: June 2036
Demographic Information (5-Mile Radius)
2022 Population: 111,165
2027 Population: 113,860
2022 Average Household Income: $171,285
2022 Median Household Income: $131,195
Contact
Keith Sturm, CCIM
keith@upland.com
612.376.4488
Amanda Leathers
amanda@upland.com
612.436.0045

©2015 Upland Real Estate Group, Inc. All rights reserved. Upland Real Estate Group, Inc.
50 South 6th Street | Suite 1418
Minneapolis | MN | 55402
Main: 612.332.6600 | Fax: 612.376.4489
©2015 Upland Real Estate Group, Inc. All rights reserved.
Upland Real Estate Group, Inc.
50 South 6th Street | Suite 1418
Minneapolis | MN | 55402
Main: 612.332.6600 | Fax: 612.376.4489