PRICE: $2,524,000
CAP RATE: 5.25%
NOI: $132,500
RENTABLE SQFT: 1,200
YEAR BUILT: 2017
LOT SIZE: 0.85 +/- Acres
LEASE TYPE: Ground Lease
- 20-Year Absolute NNN Ground Lease
- 10% Increases Every 5 Years
- Corporate Guaranty, ‘BB+’ Rating by S&P
- New 2017 Construction with 8 Fuel Bays
- 196,600 Residents in Growing Trade Area
- 1.5 Miles to the University of Alabama with 37,000+ Students and 11,900 Employees
- Surrounded by Thousands of Multi-Family/Student Housing Residences, 73% of Students Live Off-Campus
- Adjacent to the Region’s Only Enclosed Mall Serving 515,791 Residents in the Primary Trade Area
- Across from TJ Maxx, Ross, Stein Mart, and Toys R Us Anchored Power Center
- Hard Corner at Signalized Intersection with 71,380 Cars/Day
- Easy Access to I-20/59 with 46,000 Cars/Day, Connects Tuscaloosa with Birmingham
- 71,273 Employees within 5 Miles, Strong Daytime Population
- 1 Mile from DCH Regional Medical Center with 4,558 Employees
- Home to $5.8 Billion Mercedes-Benz Assembly Plant with 3,800 Employees
| Price: | $2,524,000 |
| City: | Tuscaloosa |
| State: | AL |
| Zip Code: | 35476 |
| Square Feet: | 1,200 |
| Lot Square Feet: | 37,026 |
