291 Pine Grove Rd Madison, AL 35757

This net lease daycare investment opportunity is located in Madison, approximately 20 minutes northwest of downtown Huntsville and 20 minutes east of I-65. The property is situated in an affluent community with a median household income of $122,238 within a 1-mile radius. It is positioned directly across from The Shops at Pine Grove, a 60,000 square foot Publix-anchored center, adjacent to a Walmart Neighborhood Market, and next to Legacy Elementary School, which has over 680 students. The property is a ground-up Class A development scheduled for completion in October 2025. The Learning Experience (TLE), the fastest-growing childcare franchise in America, will operate on the premises. TLE has nearly 450 childcare centers operating with over 200 under development across 35 states and the U.K. The property is located in a booming residential area with 15,700 households within a 3-mile radius. The population within a 5-mile radius has grown by 46.4% since 2010 and 15.3% since 2020, with a projected 5-year growth rate of 2%. The property comes with a 15-year primary term net lease, including multiple 5-year renewal options and minimal landlord responsibilities. The lease includes an 8% rent increase in year 6 and a 10% increase in year 11, as well as each option period. For the first 6 years of the lease term, TLE Corp. guarantees a portion of the financial commitment.