AIM Academy Absolute NNN Early Education Meridianville Alabama

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Investment Offering

Tenant: AIM Academy | Huntsville (Meridianville), AL
Premises: 9,952 SF
Renewal Options: 2 x 5 Years

Lease Expiration: October 2038
Lease Type: Absolute NNN
Rental Increases: 10% Every 5 Years

Sands Investment Group is Pleased to Present Exclusively For Sale the 9,952 SF AIM Academy Absolute NNN Located at 11461 US Highway 231 in Meridianville, Alabama. This Deal Includes a 2023 New Construction Absolute Triple Net (NNN) Lease With 14+ Years Remaining and Zero Landlord Responsibilities, Providing For a Secured Investment.

*The Indicative Swap Rate as of August 14, 2024 Would Be 6.10%, Using a 5-Year Term and 25-Year Amortization. The Rate Buydown Costs Would Be ~ $1,405 Per Basis Point at a Loan Amount of $3,150,000 (70% of the Purchase Price). The Rate and Buydown Are Subject to Change Based on Market Fluctuations.*

The Two Owners of AIM Academy Have a Combined 40 Years of Experience in Opening and Growing Childcare Operations; One Being the Former CEO of One the Largest Childcare Providers in the Nation
This Lease Will Be Guaranteed By Both Principles of the Company and the Future Growth of Their Company
Meridianville is a Northern Suburb of Huntsville, AL, That is Only a 25 Minute Drive From Huntsville International Airport
2023 New Construction Absolute Triple Net (NNN) Lease With 14+ Years Remaining and Zero Landlord Responsibilities
Nearby Elementary Schools Within a 5-Mile Radius Include: Hazel Green, Lynn Fanning, Rolling Hills, Montview, James I. Dawson, Highlands, Martin Luther King Jr and Lakewood Elementary
The Average Annual Population Growth Rate of 2% Has Been Since Steady Since 2020 and is One of the Highest in the U.S. In 2021, Huntsville MSA Also Led in Economic Growth
Companies With a Large Presence in the Greater Huntsville Metro Area Include: Boeing, U.S. Army, Toyota, Meta (Previously Facebook), Federal Bureau of Investigation

BoR: Andrew Ackerman – Lic. AL #1089690

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Tenant Overview

After over 20 years of leading and growing two of the largest childcare operators in the US, Scott Cotter and Robert Moffett decided it was time to develop their own program. AIM Academy seeks to provide high quality childcare and preschool education to premier, growing communities in Alabama and beyond. They proudly offer childcare and educational programs for children 6 weeks to 6 years of age. They also provide an exciting before and after school program as well as summer camp for children ages 5-12.

Area Overview