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$686,000
Est. payment /mo
0.67 Acres Lot
UPDATED:
09/02/2024 12:25 AM
Key Details
Property Type Commercial
Sub Type COMMERCIAL
Listing Status Active
Purchase Type For Sale
MLS Listing ID 21868184
HOA Y/N No
Originating Board Valley MLS
Lot Size 0.670 Acres
Acres 0.67
Property Description
Fantastic Investment Opportunity with 7% CAP rate! Located in a dense medical district, this property is surrounded by more than 175,000 square feet of hospital and medical office space within a quarter-mile radius. This NN+ investment property leased to a publicly-traded national tenant boasts minimal landlord responsibilities and 2% annual rent increases.
Location
State AL
County Lawrence
Direction From Hwy 157/Court Street Intersection Head West On Court Street For 0.62 Miles. Property On The Right Adjacent To Irwin Dr.
Rooms
Basement Partial
Interior
Heating Heat Pump, Natural Gas
Cooling Central Air
Flooring Carpet
Fireplace No
Exterior
Roof Type Membrane,Shingle
Present Use Medical/Dental,Office
Handicap Access Accessible Entrance
Building
Lot Description High Visibility
Foundation Block, Slab
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 1509321108016.001.0
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Copyright
Based on information from North Alabama MLS.
Based on information from North Alabama MLS.
Listed by Alabama Vacation Properties