2531 University Boulevard 3&4, Tuscaloosa, AL 35401
sale
$579,000
|
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 is in 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 5.69%, 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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