2531 University Boulevard 3&4, Tuscaloosa, AL 35401
sale
$599,000
|
Other
Courtesy Of Keller Williams Tuscaloosa
Outstanding 1031 exchange opportunity on University Boulevard in downtown Tuscaloosa. National retail tenant with over 90 locations in 27 states beginning year two of a five-year lease with 10% increase at renewal. Newly built in 2024 with significant tenant renovation in 2025 makes it a maintenance-free property and with a cap rate of 5.49%, this is a solid investment in a growing community. The owner/listing agent is a licensed realtor in the State of Alabama.
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Property Features
- Age: 1-5 Years Old
- Building Units: 2
- Cooling System: Central Air
- Exterior Type: Brick
- Floor Covering: Tile
- Floor Covering: Concrete
- Heating System: Electric (Heating)
- Heating System: Central
- Heating System: Natural Gas
- Legal Description: Unit 3 &4 In Downtown Rock Point Condominium
- MLSID: 173416
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