facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Minnesota

/

Mixed Use

/

Lease

/

200 South Owasso Boulevard ...

Kids In Need Foundation Leases 74,364-SF Mixed-Use Building In Little Canada From JHM Owasso Properties
LEASEDMixed-use

Kids In Need Foundation Leases 74,364-SF Mixed-Use Building In Little Canada From JHM Owasso Properties

200 South Owasso Boulevard East

Building Size

74,364 SF

Asset Type

Mixed-use

Closing

Apr 15, 2025

AI

A long-term lease transaction has taken place involving a mixed-use asset located at 200 South Owasso Boulevard East in Little Canada, MN. The total square footage of the property is 74,364, which includes both office and warehouse space. The building will exclusively house the operations of the Kids in Need Foundation, marking a strategic move from their previous location in St. Paul.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: Not disclosed
  • Address: 200 South Owasso Boulevard East
  • Market: Little Canada, MN
  • Landlord: JHM Owasso Properties
  • Tenant: Kids in Need Foundation
  • Landlord's Representative: Alex Baron & John Thompson - Transwestern
  • Tenant's Representative: Stephen Davidson - Davidson Cos. Inc
  • Office space: 20,000 sf
  • Warehouse space: 55,000 sf

The Kids in Need Foundation's decision to occupy the entire property highlights their commitment to expanding their resources, as the new location will accommodate a teacher resource center alongside extensive office and warehouse facilities. The lease was facilitated by representatives from Transwestern for the landlord and Davidson Cos. Inc for the tenant, ensuring a smooth transaction between both parties.

Players

Alex Baron

Transwestern

Broker

$2.4M

vol

4 deals

Broker

Saint Paul Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93