Huntsville, AL - The Learning Experience
$5,286,000
6747 Us 431, Huntsville, AL 35763
7
Cap Rate
370,000
NOI
Details:
Description:
• Brand new 15-year lease with 2 (5-year) options to extend
• The lease features 8% rental increases every 5 years throughout the initial term and at the beginning of each option to extend
• The Learning Experience is the nation’s fastest-growing Academy of Early Education for children ages six weeks to six years old, with more than 600 centers open and a new location opening every week
• The asset is fronting US-431 averaging 26,600 VPD
• The site features multiple points of access along the frontage road and site streets, providing ease and convenience for users
• The immediate corridor has experienced significant retail growth, providing long-term viability in the underlying real estate
• Other new retailers in the immediate 1-mile corridor include Whataburger, StoreEase Self Storage, The Biscuit Express, Starbucks, Mudslingers Drive-Thru Coffee, a Food City-anchored center, and more
Location
Gallery