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Marcus & Millichap Arranges $6.1M Sale Of School Property Leased To Learning Care Group In Albertville MN

Property Image
SOLD
$6,100,000
Zack House
Mark Ruble
Chris Lind
+ 1

Minnesota

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School11,758 SF
Sold 11/03/2025
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Property Image
SOLD

Marcus & Millichap Arranges $6.1M Sale Of School Property Leased To Learning Care Group In Albertville MN

6869 Laketown Place Northeast

See Similar Deals
School11,758 SF
Sold 11/03/2025
Zack House
Mark Ruble
Chris Lind
+ 1
the dealplayerscompscontact
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Summary

MINNESOTA
Asset Type:School
Price Per Square Foot:$518
Total Square Footage:11,758 SF
Transaction Type:Sale

The asset involved in this transaction is a newly built childcare facility located at 6869 Laketown Place Northeast in Albertville, MN. The property encompasses 11,758 square feet and was sold for $6,100,000, translating to a price per square foot of $519. The facility is net-leased to Learning Care Group for a term of 15 years under a triple-net structure.

Summary of transaction details:

  • Property Type: School
  • Transaction Amount: $6,100,000
  • Square Footage: 11,758
  • Price Per Square Foot: $519
  • Address: 6869 Laketown Place Northeast
  • Market: Albertville, MN

The transaction was facilitated by Marcus & Millichap, with brokers Spencer Berkley, Mark Ruble, Chris Lind, and Zack House representing the sale. The identity of the buyer remains undisclosed.

Players

Chris Lind
Marcus & Millichap
Chris Lind
36 deals$230.3M volume(602) 687-6780
BROKER
Mark Ruble
Marcus & Millichap
Mark Ruble
38 deals$252.4M volume
BROKER
Zack House
Marcus & Millichap
Zack House
23 deals$178.4M volume
BROKER
Spencer Berkley
Marcus & Millichap
Spencer Berkley
5 deals$69.5M volume(602) 687-6836
BROKER
Marcus & Millichap
Marcus & Millichap
BROKERAGE

Details

SOLD
IMAGE: 11/03/2025 ADDRESS: 6869 Laketown Place Northeast MARKET: Albertville, MN ASSET TYPE: School BROKERS: Spencer Berkley, Mark Ruble, Chris Lind & Zack House - Marcus & Millichap SALE PRICE: $6,100,000 SF: 11,758 ~ PPSF: $519 NOTE: Marcus & Millichap arranged the $6.1 million sale of an 11,758-sf net-leased Everbrook Academy childcare facility in Albertville, MN. The newly built property is leased for 15 years to Learning Care Group under a triple-net structure; the buyer was undisclosed.

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