AIM Academy

7784 Gadsden Highway, Trussville, AL 35173

$4,571,428

Cap Rate 7.00%

Views: 149 DOM: 224 Updated: 10.21.24 Posted: 04.11.24 Status: Active

Summary

Price $4,571,428	Built/Renov 2023	Tenant AIM Academy
Cap Rate 7.00%	Lease Type Abs NNN	Guarantor Corporate
Size/SF 9,951	Lease Start 11-01-2024	#Units 5
Price/SF $459.39	Expiration 10-31-2039	Tenant Type Daycare/Education
NOI $320,000	R. Term 14.11	Ownership Fee Simple
Rent/SF $32.16	Increases 10.0%/5/yrs	Pop 5Mi 40,133
Lot/AC 2.49	Options 2/5yrs/10%	AHHI 5Mi $119,234

Adam English

STREAM Capital Partners

Contact

Lease Highlights

Brand-new 2023 construction
Brand-new 15-year lease with 2 (5-year) options to extend
The lease features 10% rental increases every 5 years throughout the initial term and option periods
Absolute NNN lease | Zero landlord responsibilities
Corporate guaranteed lease

Location Description

AIM Academy is strategically located on Gadsden Highway, with access to 8,890 vehicles passing by daily. The property is situated less than 1 mile from Paine Elementary School, Hewitt-Trussville High School and Hewitt-Trussville Middle School. Furthermore, the immediate vicinity boasts well-known national tenants including McDonald's, Jack in the Box, Cracker Barrel, Harley Davidson, Wendy's,...

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Key Features

New construction
Build to suit
Near major nationals
Strategically located
Freeway close
Highway location
Top 100 MSA
Affluent AHHI $100K 5 Mi
Absolute NNN
Corporate Guarantee

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Links

AIM Academy Wikipedia Trussville, Alabama Zip Code 35173 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: AIM Academy
Guarantor:Corporate
Company:AIM Academy
# Units:5
Stock:Private

About Tenant

Aim Academy is a network of childcare facilities that provide high-quality early care and preschool education to premier, growing communities in Alabama and beyond. They proudly offer childcare...

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Demographics

	1 Miles	3 Miles	5 Miles
2028 Total Population :	4,249	14,461	46,197
2023 Total Population :	3,899	13,503	45,044
2023 Employed Civilian Pop :	2,276	7,591	24,139
2023 Total Businesses :	67	253	1,071
2023 Average Household Income :	$ 155,773	$ 162,681	$ 119,326
2023 Total Consumer Spending :	$ 171 M	$ 639 M	$ 1659 M
2023 Median Age :	45	44	41
2023 Total Households :	1,323	4,671	16,338
2023 Pop Age 25+: Bachelor's Degree :	740	2,611	7,176
2023 Average Home Value :	$ 384,564	$ 372,543	$ 301,041

*ESRI data is presented for informational purposes only

Traffic

Collection Street	Cross Street	Year	Traffic Vol	Distance
Gadsden Hwy	Old Mill Run	2018	10,373	0.09 mi
I- 59	Deerfoot Pkwy	2016	34,230	0.80 mi
	Happy Hollow Rd	2021	2,358	0.90 mi
	I- 59	2021	6,526	0.94 mi
Deerfoot Parkway	Happy Hollow Rd	2019	13,000	0.94 mi
Deerfoot Parkway	Mount Olive Church Rd	2020	12,609	0.94 mi
Deerfoot Parkway	Happy Hollow Rd	2021	12,609	0.94 mi
	Deerfoot Pkwy	2021	2,182	0.99 mi
	Mount Olive Church Rd	2021	6,321	1.06 mi
I- 59	Deerfoot Pkwy	2014	41,130	1.07 mi

Listing Broker

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