150 Tompkins St - Medical FOR SALE


Heflin, AL 36264
$2,500,000 USD
912-661-3215
150 Tompkins St, Heflin, AL for Sale
$2,500,000 USD
Medical - FOR SALE
1/5
null | 11.3% 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! Brand New 10 year NNN Lease Signed at Close of Escrow with Southern Immediate Urgent Care. Corporate Guaranty (5 locations) Two (2) Five-year renewal options. Southern Immediate Urgent Care occupies 7,820 square feet; 9,180 occupied by Dr. Jason Junkins 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

$2,500,000 USD

PRICE/SF

$147 USD /SF

CAP RATE

11.3%

% 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 Policy.