Alabama Career Center, leased by the state of AL, has been at this location since 1995. Tenant has typically renewed every 5 years since original lease was signed. Current lease extension renewed from June 21 - May 2026 with gross income of $8750 per month. Tenant is responsible for utilities, janitorial and landscaping. Owner is responsible for maintenance, taxes and insurance. Property is currently leased to State of Alabama Tenant; The May, 2026 Lease Renewal is uncertain. With the lease term nearing expiration and renewal uncertain, the asset offers potential for owner occupancy or future tenancy. Opportunity for 20+ year State tenant lease renewal or take advantage of a $100K income stream in the interim to transitioning to a new owner use. Ideal for a range of uses including professional or business offices, wholesale operations, restaurants, or medical clinics. ***Current owner is out of state, so local ownership should be able to lower operating expenses***
Additional Locations can be found at https://adol.alabama.gov/career-centers/