899 Boardroom Dr - Day Care Center FOR SALE


Prattville, AL 36066
$4,500,000 USD
415-610-8970
899 Boardroom Dr, Prattville, AL for Sale
$4,500,000 USD
Day Care Center - FOR SALE
1/5
null | 7% Cap Rate

899 Boardroom Dr
Prattville, AL 36066


HIGHLIGHTS

  • Experienced Founders w/ Proven Track Records in Childcare - 40+ Years Combined
  • Brand New 2024 Construction (Est. 12/2024 Completion) w/ New 15-Year Absolute NNN Lease & 10% Increases Every 5 Years
  • Corporate & Personal Guaranties from the Founders of AIM Academy
  • Providing Much-Needed Childcare Services for Prattville, AL
  • Strategically Located - Nearby Large National Retailers & Single-Family Homes
  • Excellent Average HH Income of $121k+ in a 1-Mile Radius w/ Growth Projections of 15.48% by '29

OVERVIEW

Northmarq is pleased to exclusively offer for sale a single-tenant early education property corporately operating as "AIM Academy". The Property is a brand new 2024 construction located in Prattville, just outside of the state capital, Montgomery, AL. The Property features a new 15-year absolute NNN lease with 10% increases every 5 years and includes a corporate & personal guaranty. The Property is conveniently located to provide childcare services for nearby residences as well as commuters due to it being just off the intersection of I-65 (63,000 VPD) and West State Rd 14 W (28,000 VPD). Nearby retailers include several large brands such as Walmart, Chick-Fil-A and Publix with many being brand new construction properties. This is an affluent area, which boasts an excellent average household income of $121k+ within a 1-mile radius of the Property.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$461 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

AIM Academy (Montgomery, AL MSA)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.88 AC

LAND SF

81,893 SF

ZONING

-

APN/PARCEL ID

10-07-36-0-000-006-202-0

ASK ABOUT THIS PROPERTY

Milo SpectorNorthmarqMore Info
415-610-8970

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Milo SpectorNorthmarqMore Info
415-610-8970

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.