220 Exchange Place Northwest
Huntsville, AL 35806

La Petite Academy

Offering Summary
Price $2,722,782 Cap Rate 5.75%
NOI $156,560 Square Feet 9,785 SF
Lot Size 1.40 +/-Acres Year Built 1989/2021
Lease Type NN Lease Term 8+ Years

Investment Highlights

  • Brand New 10-Year Corporate Lease w/ 10% Rent Increases
  • Cummings Research Park, Redstone Arsenal, and Redstone Gateway are all Located within 1-mile and Combine for Over 70,000 Employees, 13,500 Students, and 300 Businesses
  • 1/2-Mile from US Space & Rocket Center, also known as “Earth’s Largest Space Museum” (Established 1965)
  • Great Visibility & Access Right Off I-565 & Research Park Blvd with Traffic Counts Exceeding 140,000 Vehicles Per Day
  • Dense Trade Area with over 113,000 Residents in 5-Miles
  • 6.0% Expected Population Growth Over the Next 5-Years (Huntsville is the Fastest Growing Metro in Alabama and by 2023 it will be the Most Populated Metro in the State)

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For More Information, Please Contact:

John R Wertz
Managing Principal
(619) 218-6427
jwertz@wertzrealestate.com

Greg LaBarre
Vice President
(619) 997-1242
glabarre@wertzrealestate.com