291 Pine Grove Rd Madison, AL 35757

This net lease daycare investment opportunity is located in Madison, Alabama, within the Huntsville MSA. The property, currently under construction with a projected completion date of October 2025, will feature a 10,000-square-foot building on a 1-acre parcel. The site includes a 5,000-square-foot outdoor playground, 34 parking spaces, and two access points on Pine Grove Road. The property is located 20 minutes northwest of downtown Huntsville and 20 minutes east of I-65. Situated in the affluent community of Madison, the property is directly across from The Shops at Pine Grove, a 60,000 SF Publix-anchored center, adjacent to a Walmart Neighborhood Market, and next to Legacy Elementary School. A 15-year net lease will commence upon completion and delivery, featuring two 5-year renewal options and rent increases every 5 years. The lease includes a limited guaranty from TLE corporate. The Madison school district ranks highly in the Huntsville area, statewide, and nationwide. The surrounding area has experienced significant population growth, with a 46.4% increase since 2010 and 15.3% since 2020, and a projected 5-year growth rate of 2%. The property benefits from affluent incomes in the surrounding area.