Marcus & Millichap negotiated the sale of a net-leased childcare facility occupied by Everbrook Academy in Albertville, Minnesota. The property sold for $6,096,510.
Spencer Berkley, Mark Ruble, Chris Lind and Zack House, investment specialists in Marcus & Millichap’s Phoenix office, in association with Jon Ruzicka, Marcus & Millichap’s Minnesota broker of record, had the exclusive listing to market the property on behalf of the seller, a Minnesota limited liability company.
Located at 6869 Laketowne Place, the 11,758-square-foot facility is leased to Everbrook Academy under a new 15-year triple-net lease guaranteed by Learning Care Group. The tenant is part of one of the nation’s largest early childhood education organizations, with more than 1,150 schools nationwide. Built in 2025, the property is positioned in a growing residential area of Albertville, a Minneapolis-St. Paul suburb.
