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2711 Gary Fitts Street

TUSCALOOSA, AL 35401
  • $1,200,000
  • STATUS: Active
  • ON SITE: 16 Days
  • MLS #: 164861
UPDATED: 136 min ago
$1,200,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,630
    SQFT
  • $259
    $/SQFT
Neighborhood:
(02) Central Tuscaloosa City
Type:
Commercial
Built:
1887
County:
Tuscaloosa
Area:
(02) Central Tuscaloosa City

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Description

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.

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© 2024 West Alabama Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Advantage Realty Group. Data last updated: 2024-10-06T23:50:26.35.

www.advantagerealtygroup.com/homes/155527340
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2711 Gary Fitts Street TUSCALOOSA, AL 35401

  • Price: $1,200,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 136 min ago
  • MLS #: 164861
0
Beds
0
Baths
0
½ Baths
0.18
Acres
4,630
SQFT
$259
$/SQFT
1887
Built
Neighborhood:
(02) Central Tuscaloosa City
County:
Tuscaloosa
Area:
(02) Central Tuscaloosa City
Property Description
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.
Exterior Features

Lot Size Area 0.18 Lot Size Dimensions 60x132

Interior Features

Living Area 4630

Property Features

Lease Considered No Property Sub Type Mixed Use Security Features Security System Tax Annual Amount 3470

Listing provided by Denise Evans of Butler Evans Real Estate, Inc.: (205) 758-4949.
© 2024 West Alabama Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Advantage Realty Group. Data last updated: 2024-10-06T23:50:26.35.

 
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The Advantage Realty Group
1641 N. McFarland Blvd, Suite A-1
Tuscaloosa AL, 35406