Daycare in Hoover, AL
Discover a premium investment opportunity with a 10,500 sq. ft. Children's Lighthouse daycare facility, located in an affluent suburb of Birmingham. Built in 2022 on a spacious 2-acre lot, this property is backed by a rare 20-year NN+ lease with 19 years remaining and offers a cap rate of 7.00%. With 3% rent bumps every three years and a solid NOI of $258,000, this fully occupied center is positioned for long-term profitability. Children's Lighthouse, a nationally recognized brand with 74 locations, is renowned for its values-based early childhood education. Situated near the Riverchase Galleria and a dense retail corridor, this property presents an exceptional investment in a high-growth area.
- Type(s) of School: K-12 School K-8 School Preschool/Daycare/Childcare
- Status: For Sale
- City: Hoover
- State / Province: Alabama
- Country: United States