Big Blue Marble Academy

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1 Big Blue Marble Academy 29669 Renaissance Boulevard Mobile (Daphne), AL 36526

Transcript of Big Blue Marble Academy

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B ig B lue Marb le Academy29669 R e n a i s s an ce Bou l e va rd

M ob i l e (D aph n e ) , AL 36526

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EXCLUSIVELY MARKETED BY: S A N D S I N V E S T M E N T G R O U P

SETH KREPISTMANLic. # 744270

512.543.7437 | [email protected]

ASHLEY SAYELic. # 01955010

424.334.0750 | [email protected]

ELAN SIEDERLic. # 678407

512.649.5185 | [email protected]

MAX FREEDMANLic. # 644481

512.766.2711 | [email protected]

305 Camp Craft Rd, Suite 550Westlake Hills, TX 78746

www.SIGnnn.com

In Cooperat ion with BoR: Andrew AckermanLic . #C0001099750

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Investment SummaryInvestment Highlights

INVESTMENT OVERVIEW

04 06 07 12LEASE ABSTRACT PROPERTY OVERVIEW AREA OVERVIEW TENANT OVERVIEW

City OverviewDemographics

Tenant ProfileLease SummaryRent Roll

Property ImagesLocation, Aerial & Retail Maps

© 2 0 2 0 S a n d s I n v e s t m e n t G r o u p ( S I G ) . T h e i n f o r m a t i o n c o n t a i n e d i n t h i s ‘ O f f e r i n g M e m o r a n d u m ’ , h a s b e e n o b t a i n e d f r o m s o u r c e s b e l i e v e d t o b e r e l i a b l e . S a n d s I n v e s t m e n tG r o u p d o e s n o t d o u b t i t s a c c u r a c y ; h o w e v e r , S a n d s I n v e s t m e n t G r o u p m a k e s n o g u a r a n t e e , r e p r e s e n t a t i o n o r w a r r a n t y a b o u t t h e a c c u r a c y c o n t a i n e d h e r e i n . I t i s t h er e s p o n s i b i l i t y o f e a c h i n d i v i d u a l t o c o n d u c t t h o r o u g h d u e d i l i g e n c e o n a n y a n d a l l i n f o r m a t i o n t h a t i s p a s s e d o n a b o u t t h e p r o p e r t y t o d e t e r m i n e i t s a c c u r a c y a n dc o m p l e t e n e s s . A n y a n d a l l p r o j e c t i o n s , m a r k e t a s s u m p t i o n s a n d c a s h f l o w a n a l y s i s a r e u s e d t o h e l p d e t e r m i n e a p o t e n t i a l o v e r v i e w o n t h e p r o p e r t y , h o w e v e r t h e r e i s n og u a r a n t e e o r a s s u r a n c e t h e s e p r o j e c t i o n s , m a r k e t a s s u m p t i o n s a n d c a s h f l o w a n a l y s i s a r e s u b j e c t t o c h a n g e w i t h p r o p e r t y a n d m a r k e t c o n d i t i o n s . S a n d s I n v e s t m e n t G r o u pe n c o u r a g e s a l l p o t e n t i a l i n t e r e s t e d b u y e r s t o s e e k a d v i c e f r o m y o u r t a x , f i n a n c i a l a n d l e g a l a d v i s o r s b e f o r e m a k i n g a n y r e a l e s t a t e p u r c h a s e a n d t r a n s a c t i o n .

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TABLE OF CONTENTSS A N D S I N V E S T M E N T G R O U P

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OFFERING SUMMARY

INVESTMENT SUMMARY

S A N D S I N V E S T M E N T G R O U P

Sa nds I nve s tm e nt G roup i s P le a se d to P re se n t Exc lu s i ve l y F o r

Sa l e the B i g B lue M a rb le A ca de m y L oca te d a t 29669

Re na i s sa nce B ou le va rd i n D a p hne , A l a ba m a . T h i s i s H i g h l y

D e s i r a b l e 14 Ye a r T r i p l e Ne t ( NNN) L e a se Wi th Z e ro L a nd lo rd

Re sp ons i b i l i t i e s , P rov i d i ng F o r a G re a t I nve s tm e nt .

P R I CE $3 ,291 ,022

CA P 6 . 75%

NO I $222 ,144

P R I CE P ER SF $241 . 99

G U A RA NT O R Corp o ra te

A D D RESS 29669 Re na i s sa nce B ou le va rd

D a p hne , A L 36526

CO U NT Y B a ldw i n

B U I L D I NG A REA 13 ,600 SF

L A ND A REA 1 . 7 A C

B U I L T 2019

PROPERTY SUMMARY

A C T U A L P R O P E R T Y I M A G E

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HIGHLIGHTSB I G B L U E M A R B L E A C A D E M Y

§ High ly Des i rab le 14 Year Tr ip le Net Lease With ZeroLandlord Respons ib i l i t ies

§ Brand New 2019 Const ruct ion

§ Big B lue Marb le Academy’s Globa l Educat ion ApproachSets Them Apart By Pa i r ing a STEAM Educat ion With aSecond Language Enr ichment Prov id ing Chi ldren WithMul t i -Cu l ture Deve lopment and a St rong Character

§ Opening Thei r Doors in 2012, B ig B lue Marb le NowOperates in 35 Locat ions Across E ight States

§ Populat ion of Over 46,721 Res idents With an AverageHouseho ld Income of $90,050 With in a 5-Mi le Radius ofthe Property

§ Nearby Feeder E lementary Schools Inc lude : Rockwel l ,Daphne , Daphne East , Span ish Fort and Old Span ish Fort

§ Strateg ica l ly Located Less than ½-Mi le From Interstate10 (Sees Over 61,900 VPD) - Al lowing This Locat ion toPul l S tudents From a Large Range of SurroundingCommuni t ies

§ Located Across I -10 are Severa l Shopping Centers WithNat iona l Tenants Inc lud ing : Ta lbots , Lofts , D i l l a rd 's ,PetSmart , BestBuy , Starbucks , Ver izon , Wendy ’s , Ch ick-f i l -A , Taco Bel l , Ruby Tuesday , Logan ’s Roadhouse ,Cracker Barre l and More

§ Daphne is a Thr iv ing Suburb of Mobi le Along the EasternShore l ine of Mobi le Bay ; Mobi le i s the Largest Ci ty inthe Mobi le-Daphne-Fa i rhope Combines Stat i s t ica l AreaWith a Tota l Populat ion of 604,726 People

§ Nearby Tenants Inc lude : P lanet F i tness , Lowe’s , Sam’sClub , F i rehouse Subs , Burger K ing , Chevron , T-Mobi le ,Zaxby ’s , Trop ica l Smooth ie and the Honda , Toyota ,Hyunda i , Vo lkswagen, Suzuk i and Nissan Dealersh ips

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6LEASE SUMMARYTENANT Big Blue Marble Academy, LLC

PREMISES A Bui lding of Approximately 13,600 SF

LEASE COMMENCEMENT October 26, 2019

LEASE EXPIRATION October 26, 2034

LEASE TERM 14 Years Remaining

RENEWAL OPTIONS 2 x 5 Years

RENT INCREASES CPI

LEASE TYPE Triple Net (NNN)

PERMITTED USE Early Education

PROPERTY TAXES Tenant’s Responsibi l i ty

INSURANCE Tenant’s Responsibi l i ty

COMMON AREA Tenant’s Responsibi l i ty

ROOF & STRUCTURE Tenant’s Responsibi l i ty

REPAIRS & MAINTENANCE Tenant’s Responsibi l i ty

HVAC Tenant’s Responsibi l i ty

UTILITIES Tenant’s Responsibi l i ty

RIGHT OF FIRST REFUSAL Yes

SQUAREFOOTAGE

ANNUALBASE RENT

RENT PER SF

13 ,600 SF $222 ,144 $16 . 33A C T U A L P R O P E R T Y I M A G E

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A C T U A L P R O P E R T Y I M A G E S

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Renaissance Blvd

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12D A P H N E | B A L D W I N C O U N T Y | A L A B A M A

Daphne is a city in Baldwin County in the state of Alabama, located on the easternshoreline of Mobile Bay. The city is located along I-10, 11 miles east of Mobile and 170miles southwest of the state capital of Montgomery. The 2018 United States Census liststhe population of the city as 26,506 residents, making Daphne the most populous city inBaldwin County. It is a principal city of the Daphne-Fairhope-Foley metropolitan area, whichincludes all of Baldwin County. Modern-day Daphne is a thriving suburb of nearby Mobile.Daphne has adopted the nickname ʺThe Jubilee Cityʺ in recognition of its status as one ofthe locations of the Mobile Bay jubilee.

Due to the city's close proximity, Mobile’s economy affects Daphne’s. Aerospace, steel, shipbuilding, retail, services, construction, medicine, and manufacturing are Mobile's majorindustries. The Mobile Port and the shipyards have a huge impact on the area's economy.Atlantic Marine operated a major shipyard at the former Alabama Drydock and ShipbuildingCompany site on Pinto Island. It was acquired by British defense conglomerate BAESystems for $352 million. Doing business as BAE Systems Southeast Shipyards, thecompany continues to operate the site as a full-service shipyard, employing approximately600 workers with plans to expand. The Mobile Aeroplex at Brookley is an industrial complexand airport located 3 miles south of the central business district of the city. It is the largestindustrial and transportation complex in the region, having more than 70 companies, manyof which are aerospace.

Mobile is a 15-minute drive from Daphne, making it the perfect city to spend the day.Mobile is a port city on Alabama’s Gulf Coast. The World War II USS Alabama battleship isanchored in Battleship Memorial Park. Floats, costumes and photos at the Mobile CarnivalMuseum illuminate the city’s centuries-old Mardi Gras tradition. The 1850 Cathedral Basilicaof the Immaculate Conception features intricate German stained glass. International fine anddecorative art is displayed at the Mobile Museum of Art. The city is also home to theBellingrath Gardens and Home which includes a historic house where guests can tour thatincludes amazing flower arrangements and numerous fountains. The city is also home to theGulfQuest National Maritime Museum of the Gulf of Mexico which is a non-profitinteractive museum dedicated to the maritime heritage and culture of the Gulf of Mexico.

B ALD WI N CO U NTY CO U R THO U S E MO B I LE P O R TMO B I LE , AL

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3 M I L ES 5 M I L ES 10 M I L ES

P O P U L A T I O N 25 ,532 46 ,721 85 ,283

A V ERA G E HH I NC O M E $87 ,884 $90 ,050 $88 ,776

(61,998 VPD)

(8,850 VPD)

(17,273 VPD

)

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TENANT PROFILEB I G B L U E M A R B L E A C A D E M Y

Big Blue Marble Academy (BBMA) offers ch i ldren a “g lobaleducat ion” – one that prepares them for a wor ld that becomes moreinterconnected every day, a wor ld in which one ci ty , one school , oreven one fami ly can boast the representat ion of severa l cu l tures .BBMA gives a broad approach to kid ’s learn ing by pair ing acurr icu lum of Sc ience, Technology, Engineer ing , Art & Mathemat ics(STEAM) educat ion with a second language enr ichment that g ives a l lages exposure to another language.

The BBMA team of profess ionals , with many years of ear ly educat ionand chi ld care exper ience, have des igned a unique, cutt ing edgeconcept in g lobal educat ion . They use a combinat ion of proven ageappropr iate techniques , programs and curr icu lum to make up eachprogram cal led ”Passport to Learn ing” . BBMA inc ludes over 5,022kids who attend the academy and over 635 amazing teachers .

HEADQUARTERSAuburn, AL

COMPANY TYPEPrivate

FOUNDED2012

# OF LOCATIONS35+

WEBSITEbbmacademy.com

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T h e i n f o r m a t i o n c o n t a i n e d i n t h e f o l l o w i n g O f f e r i n g M e m o r a n d u m i s p r o p r i e t a r y a n ds t r i c t l y c o n f i d e n t i a l . I t i s i n t e n d e d t o b e r e v i e w e d o n l y b y t h e p a r t y r e c e i v i n g i t f r o mS a n d s I n v e s t m e n t G r o u p a n d s h o u l d n o t b e m a d e a v a i l a b l e t o a n y o t h e r p e r s o n o r e n t i t yw i t h o u t t h e w r i t t e n c o n s e n t o f S a n d s I n v e s t m e n t G r o u p .

T h i s O f f e r i n g M e m o r a n d u m h a s b e e n p r e p a r e d t o p r o v i d e s u m m a r y , u n v e r i f i e di n f o r m a t i o n t o p r o s p e c t i v e p u r c h a s e r s , a n d t o e s t a b l i s h o n l y a p r e l i m i n a r y l e v e l o fi n t e r e s t i n t h e s u b j e c t p r o p e r t y .

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s n o t a s u b s t i t u t e f o r a t h o r o u g h d u e d i l i g e n c ei n v e s t i g a t i o n , a n d m a k e s n o w a r r a n t y o r r e p r e s e n t a t i o n , w i t h r e s p e c t t o t h e i n c o m e o re x p e n s e s f o r t h e s u b j e c t p r o p e r t y , t h e f u t u r e p r o j e c t e d f i n a n c i a l p e r f o r m a n c e o f t h ep r o p e r t y , t h e s i z e a n d s q u a r e f o o t a g e o f t h e p r o p e r t y a n d i m p r o v e m e n t s , t h e p r e s e n c eo r a b s e n c e o f c o n t a m i n a t i n g s u b s t a n c e s , P C B ’ s o r a s b e s t o s , t h e c o m p l i a n c e w i t h S t a t ea n d F e d e r a l r e g u l a t i o n s , t h e p h y s i c a l c o n d i t i o n o f t h e i m p r o v e m e n t s t h e r e o n , o r t h ef i n a n c i a l c o n d i t i o n o r b u s i n e s s p r o s p e c t s o f a n y t e n a n t , o r a n y t e n a n t ’ s p l a n s o ri n t e n t i o n s t o c o n t i n u e i t s o c c u p a n c y o f t h e s u b j e c t p r o p e r t y .

T h e i n f o r m a t i o n c o n t a i n e d i n t h i s O f f e r i n g M e m o r a n d u m h a s b e e n o b t a i n e d f r o ms o u r c e s w e b e l i e v e t o b e r e l i a b l e ; h o w e v e r , S a n d s I n v e s t m e n t G r o u p h a s n o t v e r i f i e d ,a n d w i l l n o t v e r i f y , a n y o f t h e i n f o r m a t i o n c o n t a i n e d h e r e i n , n o r h a s S a n d s I n v e s t m e n tG r o u p c o n d u c t e d a n y i n v e s t i g a t i o n r e g a r d i n g t h e s e m a t t e r s a n d m a k e s n o w a r r a n t y o rr e p r e s e n t a t i o n w h a t s o e v e r r e g a r d i n g t h e a c c u r a c y o r c o m p l e t e n e s s o f t h e i n f o r m a t i o np r o v i d e d . A l l p o t e n t i a l b u y e r s m u s t t a k e a p p r o p r i a t e m e a s u r e s t o v e r i f y a l l o f t h ei n f o r m a t i o n s e t f o r t h h e r e i n .

B y r e c e i p t o f t h i s M e m o r a n d u m , y o u a g r e e t h a t t h i s M e m o r a n d u m a n d i t s c o n t e n t s a r eo f c o n f i d e n t i a l n a t u r e , t h a t y o u w i l l h o l d a n d t r e a t i t i n t h e s t r i c t e s t c o n f i d e n c e a n dt h a t y o u w i l l n o t d i s c l o s e i t s c o n t e n t s i n a n y m a n n e r d e t r i m e n t a l t o t h e i n t e r e s t o f t h eO w n e r . Y o u a l s o a g r e e t h a t b y a c c e p t i n g t h i s M e m o r a n d u m y o u a g r e e t o r e l e a s e S a n d sI n v e s t m e n t G r o u p a n d h o l d i t h a r m l e s s f r o m a n y k i n d o f c l a i m , c o s t , e x p e n s e , o r l i a b i l i t ya r i s i n g o u t o f y o u r i n v e s t i g a t i o n a n d / o r p u r c h a s e o f t h i s p r o p e r t y .

CONFIDENTIALITY AGREEMENT

S A N D S I N V E S T M E N T G R O U P

A C T U A L P R O P E R T Y I M A G E

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16EX C LU S I VELY M AR K ET ED BY :

SETH KREPISTMANLic. # 744270

512.543.7437 | [email protected]

ASHLEY SAYELic. # 01955010

424.334.0750 | [email protected]

ELAN SIEDERLic. # 678407

512.649.5185 | [email protected]

MAX FREEDMANLic. # 644481

512.766.2711 | [email protected]

In Cooperat ion with BoR: Andrew AckermanLic . #C0001099750

B ig B lue Marb le Academy29669 R e n a i s s an ce Bou l e va rd

M ob i l e (D aph n e ) , AL 36526