3816 Palisades Drive offers a pad-ready ±0.58-acre ground lease opportunity located in Tuscaloosa’s established East Palisades medical and professional corridor.
The site previously supported a ±5,000 SF medical office and is well suited for redevelopment with a 4,000–5,000 SF medical or professional office building. Existing utilities, curb cut, and approximately 19 on-site parking spaces remain in place, allowing for efficient redevelopment.
The property is offered as a long-term NNN ground lease with base rent of $75,744 annually ($6,312 per month). The proposed lease structure includes an initial 20–25 year term with CPI-based rent escalations at each renewal period. Tenant will be responsible for all taxes, insurance, maintenance, utilities, and vertical construction.
Zoning is BGO – Business General Office, which supports a wide range of uses including medical, dental, counseling, financial, insurance, legal, and general office. The site offers convenient access to Skyland Boulevard and McFarland Boulevard (I-20/59) and is surrounded by established medical and professional users.