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Property profile & analytics
OFF-MARKET
Day care centers

899 Boardroom Dr Prattville, AL 36066

9,758 SF 1.88 ac lot Built 2024
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a brand-new, 9,758-square-foot daycare center in Prattville, Alabama, built in 2024. The property boasts a 15-year absolute NNN lease with a reputable tenant, AIM Academy, featuring a 10% rent increase every five years, ensuring strong, consistent returns. The lease includes both corporate and personal guarantees from the founders, who bring over 40 years of combined experience in the childcare industry. Located on a 1.88-acre lot at 899 Boardroom Dr, Prattville, AL 36066, this single-story building enjoys a prime location near major retailers like Walmart, Chick-fil-A, and Publix, catering to a thriving residential community. The area demonstrates high average household incomes exceeding $121,000 within a one-mile radius, projected to grow by 15.48% by 2029. The property's strategic placement near I-65 and West State Rd 14 W provides excellent accessibility. With a current NOI of $315,000 and a 7.00% cap rate, this offering presents a compelling investment with significant upside potential. The property is currently 100% occupied and addresses a critical need for childcare services in the area. Lease options for an additional 2 or 5 years are available. The asking price is $4,500,000.

Property profile
Verified
Property type Day care centers
Year built 2024
Total area 9,758 SF
Lot 1.88 ac (81,893 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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