1220 Highland Ave - Freestanding FOR SALE


Selma, AL 36703
$951,000 USD
972-636-5722
1220 Highland Ave, Selma, AL for Sale
$951,000 USD
Freestanding - FOR SALE
1/3
null | 8% Cap Rate

1220 Highland Ave
Selma, AL 36703


HIGHLIGHTS

  • Value-add or retail redevelopment opportunity.
  • ±19 years remaining on an assumable limited roof warranty.
  • Conveniently located only ±47 miles from downtown Montgomery, AL
  • Montgomery proudly serves as Alabama’s state capital as well as the 3rd most densely populated city throughout the entire state
  • Extremely attractive cap rate given strong guarantor and the demand for these national cellular tenants.
  • The tenant – Alliance Mobile Inc. operates 300+ locations across 21 different states.

OVERVIEW

Broker of Record Hutt Cooke License No. 000110253 - 0 (AL) (866) 889-0550 Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

$951,000 USD

PRICE/SF

$339 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

AT&T

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,500 SF

ZONING

Commercial

APN/PARCEL ID

11-06-24-4-003-040.0000

ASK ABOUT THIS PROPERTY

Ryan FossMatthews Real Estate Investment ServicesMore Info
972-636-5722

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Ryan FossMatthews Real Estate Investment ServicesMore Info
972-636-5722

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.