291 Pine Grove Rd Madison, AL 35757
Net lease daycare investment opportunity in the Huntsville MSA.
Property size:
10,000 SFProperty Features for 291 Pine Grove Rd
General Information
- Size
- 10,000 SF
Source:
Trinity-partners
Listing Agent: Tyson Glasser
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Net Lease Daycare Investment Opportunity
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Storefront properties
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Madison
- State
- Alabama
- Longitude
- -86.7476291
- Latitude
- 34.7942725
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FAQs
What type of property is this?
Storefront property - Net lease daycare investment opportunity in the Huntsville MSA.
Where is this storefront property located?
The property is located at 291 Pine Grove Rd Madison, AL.
What is the asking price?
The asking price for this property is $6,275,500.
What are key features of this property?
This property features: - Long-term net lease with a 15-year primary term, renewal options, and rent increases, providing stable and growing income.; - Located in the affluent and rapidly growing Madison community, ranked as a top place to live and raise a family, with high household incomes.; - New construction, Class A development with projected completion in October 2025, minimizing immediate capital expenditures.