Property Details

Investment property. Tenant is South Oak Title, a regional credit tenant with offices in multiple SE states. Five year lease commenced 8/23/24, with one five-year renewal option. NNN. Annual rent increases. IRR almost 8% with realistic disposition sales price at end of Year 5 and 5% sales costs. Contact listing agent for NDA and lease synopsis. Full lease available for review with signed contract. Do not contact tenant.

Quick Facts

2711 Gary Fitts Street
Tuscaloosa, AL 35401

MLS #164861

Listed 3 months ago

$1,200,000

Features

  • Type: MixedUse
  • Acreage: 0.18
  • Year Built: 1887
  • Security Features: SecuritySystem