11461 US 231 - Day Care Center FOR SALE
Meridianville, AL 35759 |
$4,200,000 USD
510-461-4505
11461 US 231
Meridianville, AL 35759
HIGHLIGHTS
- 15 Year Absolute NNN Lease w/ 10% Rental Increases Every 5 Years Starting at Close of Escrow
- Corporate Lease w/ Corporate & Personal Guaranty
- Low Price Point for New Construction, Low Rent PSF
- Established Suburb of Huntsville, One of the Fastest-Growing Metros in the U.S., Just 8.5 Miles from the City
- Population Counts Exceed 186K in a 10-Mile Radius, Projected to Grow 13.74% by 2030
- Surrounded by Dense Single-Family Residential, Fueling Stable Daycare Demand from Young, Dual-Income Families
FOR SALE DETAILS
PRICE
$4,200,000 USD
PRICE/SF
$422 USD /SF
CAP RATE
7.5%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
AIM Academy (Corporate)
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Day Care Center
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2023
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.79 AC
LAND SF
77,972 SF
ZONING
CR
APN/PARCEL ID
07-06-24-0-000-067.066
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510-461-4505
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510-461-4505
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