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AIM Academy (Corporate) 899 Boardroom Dr 9,758 SF Retail Building Prattville, AL 36066 $6,094,654 CAD ($624.58 CAD/SF) 7.15% Cap Rate
INVESTMENT HIGHLIGHTS
- Rare Low Price Point for New Construction Childcare Property
- 2024 Construction, 14+ Years Remaining on an Absolute NNN Lease w/ 10% Rental Increases
- Excellent Average HH Income of $113k+, Projected to Grow 10% by ‘30
- Excellent Enrollment, Near Full (Contact Broker)
- Corporate & Personal Guaranty from Founders (Full Duration of Lease)
- Surrounding National Retailers include Publix (New Construction), Chick-fi-A (New Construction, McDonald’s, Whataburger, Bass Pro Shops
EXECUTIVE SUMMARY
In Association with Scott Reid & Parasell, Inc. | A licensed Alabama Broker #000127148-0
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Day Care Center
Building Size
9,758 SF
Year Built
2024
Price
$6,094,654 CAD
Price Per SF
$624.58 CAD
Cap Rate
7.15%
NOI
$435,768 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.88 AC
Frontage
253’ on BOARDROOM DR
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- AIM Academy
- Educational Services
- 9,758 SF
- -
- Triple Net
- Dec 2039
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| AIM Academy | Educational Services | 9,758 SF | - | Triple Net | Dec 2039 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 10-07-36-0-000-006-202-0 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $701,065 CAD |
PROPERTY TAXES
Parcel Number
10-07-36-0-000-006-202-0
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$701,065 CAD
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AIM Academy (Corporate) | 899 Boardroom Dr
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