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AIM Academy (Montgomery, AL MSA) 899 Boardroom Dr

9,758 SF Retail Building Prattville, AL 36066 $4,500,000 ($461/SF) 7% Cap Rate

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Investment Highlights

Experienced Founders w/ Proven Track Records in Childcare - 40+ Years Combined
Corporate & Personal Guaranties
Near Major Retailers & Growing Residential Area

2024 Construction with 15 Year Abs. NNN Lease & 10% Increases
Limited Supply of High-Quality Childcare
Excellent Avg. HH Income of $121k+ in a 1-Mile

Executive Summary

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.

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