Excellent Class A Retail property for sale. Occupancy rate is 90%, with multiple tenants. Cap Rate is 8.05%, and the parking ratio is 6.36 / 1,000 Sq. Ft. Rental rates increase annually at a rate of 5%. Great investment opportunity.
Commercial Property Type
Flood Plain YN
Off Street Ã¢Â‚¬Â€Œ PublicUnassigned
Street Property Access
Paved RoadSidewalkStreet Frontage
2 SystemsCeiling Fans
Concrete (Floor)OtherTile/VinylWoodWall-To-Wall Carpet
KitchenOther OfficesPrivate OfficesPrivate RestroomsPublic RestroomsReception Area
Annual LeasesLong Term LeaseRental Comm Involved
Property To Remain
Building & Land
Sewer / Septic
Type Of Business
Food ServiceOffice BuildingProfessional ServiceRetailShopping CenterSports & Entertainment
Year Built Desc
Listing provided courtesy of Keller Williams Realty Vestavia. © 2020 Greater Alabama Multiple Listing Service, Inc.
© 2020 Greater Alabama Multiple Listing Service, Inc. 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. IDX content is not guaranteed accurate by the MLS or Josh Vernon Group | Keller Williams. Data last updated: 2020-04-02T00:30:11.613.