Child Care
La Petite Academy
220 Exchange Pl NW, Huntsville, AL 35806
Listing Price: $2,609,333
Investment Overview
The subject property has a recently signed 10 year corporate lease by La Petite Academy in the heart of Huntsville, Alabama. The lease includes 10% rental increases every 5 years, with the first rental increase scheduled for year 6, and throughout the 4 (5) year option periods. The property is strategically located in an extremely dense residential and business - oriented part of Huntsville. It is less than 1 mile from Cummings Research Park. With over 113,000 people in a 5 mile radius with over 6% growth projections over the next 5 years. This La Petite Academy is well positioned for long term stability and growth within a major market.
Broker of Record
Financing By
Listing Price: $2,609,333
Investment Highlights
- Brand New 10 - Year Corporate Lease w/ 10% Rent Increases
- Great Visibility & Access Right Off I-565 & Research Park Blvd with Traffic Counts Exceeding 140,000 Vehicles Per Day
- 6.0% Expected Population Growth Over the Next 5 Years (Biggest Metro in Alabama)
Investment Overview
The subject property has a recently signed 10 year corporate lease by La Petite Academy in the heart of Huntsville, Alabama. The lease includes 10% rental increases every 5 years, with the first rental increase scheduled for year 6, and throughout the 4 (5) year option periods. The property is strategically located in an extremely dense residential and business - oriented part of Huntsville. It is less than 1 mile from Cummings Research Park. With over 113,000 people in a 5 mile radius with over 6% growth projections over the next 5 years. This La Petite Academy is well positioned for long term stability and growth within a major market.
Broker of Record
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Eddie Greenhalgh
Senior Vice President Investments
Financing By
