AIM Academy

20 Gunner Lane, Helena, AL 35080

$4,500,000

Cap Rate 7.00%

Views: 156 DOM: 95 Updated: 08.14.24 Posted: 06.04.24 Status: Active

Summary

Price $4,500,000	Built/Renov 2023	Tenant AIM Academy
Cap Rate 7.00%	Lease Type Abs NNN	Guarantor Corporate
Size/SF 9,951	Lease Start 07-01-2024	#Units 5
Price/SF $452.22	Expiration 06-30-2039	Tenant Type Daycare/Education
NOI $315,000	R. Term 14.9	Ownership Fee Simple
Rent/SF $31.66	Increases 10.0%/5/yrs	Pop 5Mi 83,755
Lot/AC 2.12	Options 2/5yrs/10%	AHHI 5Mi $116,529

Adam English

STREAM Capital Partners

Contact

Lease Highlights

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

Location Description

AIM Academy is strategically located on Gunner Lane, with access to 15,470 vehicles passing by daily. The property is adjacent to the Helena Town Center Development, offering proximity to well-known national tenants, including Publix, Little Caesars, O’Reilly Auto Parts, Dollar General, Walgreens, and more. The 5-mile trade area is supported by a population of 83,755 residents with an affluent...

...

Key Features

New construction
Build to suit
Near major nationals
Strategically located
Top 100 MSA
Affluent AHHI $100K 5 Mi
Brand new lease
Long 15+ yr lease
Absolute NNN
Corporate Guarantee

...

Links

AIM Academy Wikipedia Helena, Alabama Zip Code 35080 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...

...

Listing Broker

Disclaimer & Confidentiality

All information, content, data, and other materials on this Platform (“Content”) is made available to you on an “AS IS” basis without warranties of any kind, express or implied. All such Content is made available for informational purposes only and should not be relied on by you for any purpose. Content may contain errors, may be inaccurate or incomplete and/or, due to changing circumstances or other causes, may change or ultimately prove to be inaccurate or incomplete. Other than as set forth in our Terms of Service we do not have any control over your use of our Services or any Content. You should not use any such Services or any Content without validating the results through independent research, obtaining up-to-date information, and considering all relevant facts and circumstances, including your specific situation (financial or otherwise). We do not recommend, guarantee, or represent that the Services or any Content will predict the future performance of real estate assets or other assets of any kind. Moreover, we do not warrant the performance or results that may be obtained by using any of the foregoing. WE ARE NOT ENGAGED IN RENDERING TAX, LEGAL, INVESTMENT, FINANCIAL OR RISK MANAGEMENT ADVICE, AND THE RESULTS OF USE OF OUR SERVICES AND ANY CONTENT MUST NOT BE REGARDED OR REPRESENTED AS CONSTITUTING SUCH ADVICE. WE DO NOT MAKE ANY REPRESENTATIONS OR WARRANTIES REGARDING THE ACCURACY OF ANY CONTENT AND/OR PROJECTIONS GENERATED BY THE SERVICES OR ANY CONTENT