1847 Commons North Dr - Medical FOR SALE
Tuscaloosa, AL 35406 |
$7,360,386 USD
847-361-4181
1847 Commons North Dr
Tuscaloosa, AL 35406
HIGHLIGHTS
- Favorable Asset Class - Healthcare real estate provides favorable tenants due to long-term tenancy, higher rent averages, and increased property value
- Passive Income - The NNN lease included with this asset offers investors a more hands off experience and ease of management
- Affluent Market - The 3-mile radius surrounding this property has an impressive average household income of over $155,000
- Growing Rents - Ensure the continued growth of your investment dollars with annual increases of 2.5%
- Top Alabama MSA - Tuscaloosa is one of the top 5 largest cities in Alabama, boasting a strong presence of various hospitals totaling 1,168 beds
FOR SALE DETAILS
PRICE
$7,360,386 USD
PRICE/SF
$478 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Ascend Plastic Surgery | PE-Backed | NNN
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
ADD'L SUBTYPES
Convenience Store, Fast Food, Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
2008
SPRINKLERS
-
PARKING SPACES
47
LAND DETAILS
LAND ACRES
1.45 AC
LAND SF
63,140 SF
ZONING
63
APN/PARCEL ID
21-09-31-4-003-004.011
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847-361-4181
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847-361-4181
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