150 Tompkins St - Medical FOR SALE


Heflin, AL 36264
$2,300,000 USD
912-661-3215
150 Tompkins St, Heflin, AL for Sale
$2,300,000 USD
Medical - FOR SALE
1/5
null | 7.72% Cap Rate

150 Tompkins St
Heflin, AL 36264


HIGHLIGHTS

  • Strong value-add with renewing leases
  • Internet, pandemic, and recession proof asset
  • Priced well below replacement cost
  • New roof in 2024

OVERVIEW

2-Tenant NNN medical investment sale! 8.5 years left on NNN Southern Immediate Urgent Care Lease. Top grossing location of all of their 10 locations! Corporate Guaranty (5 locations) One (1) Five-year renewal options. Southern Immediate Urgent Care occupies 7,820 square feet; 9,180 vacant Strong credit Tenant with a Corporate Guaranty Internet, Recession a Pandemic Proof Asset. Below Market Rent NNN Lease with Tenant responsible for Property Taxes, Property Insurance, CAM and roof/structure.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$135 USD /SF

CAP RATE

7.72%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.6 AC

LAND SF

156,816 SF

ZONING

-

APN/PARCEL ID

15-05-21-0-002-004.000

ASK ABOUT THIS PROPERTY

Casey HowardHarbert Realty ServicesMore Info
912-661-3215

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Casey HowardHarbert Realty ServicesMore Info
912-661-3215

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