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AIM Academy (Corporate) - Pike Road, AL 530 Antioch Ln 11,730 SF Retail Building Pike Road, AL 36064 $3,942,881 ($336.14/SF) 7.15% Cap Rate
INVESTMENT HIGHLIGHTS
- Established Center w/ Excellent Enrollment (Contact Broker)
- 2022 Construction, 12+ Years Remaining on an Absolute NNN Lease w/ 10% Rental Increases
- Excellent Average HH Income of $140k+, Projected to Grow 11% by ‘30
- Founders Have 40+ Years Combined Experience, Previously CEO for Childcare Network & Big Blue Marble Academy (See Package)
- Corporate & Personal Guaranty from Founders (Full Duration of Lease)
- Surrounding Retailers Include Costco, Target, Publix, The Home Depot & More
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
Building Size
11,730 SF
Year Built
2022
Price
$3,942,881
Price Per SF
$336.14
Cap Rate
7.15%
NOI
$281,916
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
3.65 AC
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 08-04-19-2-002-015.000 | Improvements Assessment | $316,760 |
| Land Assessment | $35,000 | Total Assessment | $351,760 |
PROPERTY TAXES
Parcel Number
08-04-19-2-002-015.000
Land Assessment
$35,000
Improvements Assessment
$316,760
Total Assessment
$351,760
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AIM Academy (Corporate) - Pike Road, AL | 530 Antioch Ln
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