15239 AL Highway 68 - Medical FOR SALE


Crossville, AL 35962
$960,000 USD
770-740-4766
15239 AL Highway 68, Crossville, AL for Sale
$960,000 USD
Medical - FOR SALE
1/61
null | 8.02% Cap Rate

15239 AL Highway 68
Crossville, AL 35962


OVERVIEW

Offered at an 8% cap rate with a projected NOI of $77,000, this 9,533 SF medical office building in Crossville, Alabama, presents a stable investment opportunity backed by a new 5-year lease. Built in 2008 and situated on 2.44 acres, the property is located at the signalized corner of Alabama Highway 68 and West Street, with 385 feet of frontage on Hwy 68 and three access points. The building features a traditional clinic layout with multiple exam rooms, physician offices, administrative areas, lab, x-ray room, and a secondf loor business suite. Zoned B-2, the site allows for a broad range of commercial uses, adding long-term flexibility. With ample parking, a covered drop-off canopy, and status as the largest medical office building in the market, this asset offers secure cash flow and strong future leasing potential.

FOR SALE DETAILS

PRICE

$960,000 USD

PRICE/SF

$101 USD /SF

CAP RATE

8.02%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

46

LAND DETAILS

LAND ACRES

2.49 AC

LAND SF

108,464 SF

ZONING

-

APN/PARCEL ID

32-02-04-0-001-028.000

ASK ABOUT THIS PROPERTY

David Hacker, CCIMVision Commercial Advisors, Inc.More Info
770-740-4766

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David Hacker, CCIMVision Commercial Advisors, Inc.More Info
770-740-4766

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