The subject property is a Dollar General Build-to-Suit built in 2010, with a lease expiration of 05/31/2025. Landlord only responsible for Roof and Structure. There is a 3% rent bump in 2020.
2,575 square foot professional office. Buidling is approximately 10 years old and has been in use as a law office by an established law firm with a nice clientele. Downstairs there is a reception area with seating for 7, a receptionist desk and work area, an additional workstation, 4 private offices (1 in use as a conference room with 8 seat table and 1 very nice executive office), built in bookcases, break area with mini fridge and sink, 2 accessible restrooms, a copy area, file cabinets, and supply storage. Upstairs there is a nice break room with another mini fridge, sink, microwave, one restroom, one private office, an area for additional staff, and 7 three drawer lateral filing cabinets. The office is available "turn-key" fully furnished, with executive desks, chairs, 10 three drawer lateral file cabinets, computer network infrastructure and hardware, wireless router, fax machine, Kyoceria 25 ppm copier/network scanner, printers, law books, and 12 line Panasonic digital phone system. All you have to do is plug in your desktop computers and go to work.
JUST REDUCED! Like new Class A medical surgery center for less than $140 per square foot! The site is approximately 1.62 acres, more or less, improved with a single-tenant ambulatory surgical center constructed in 1999 and containing 5,692 square feet of enclosed area. The building is of steel frame construction having a brick veneer and dryvit exterior. The building has additional features such as 2 surgery rooms, pre-op, post-op, anesthesia room, clean and dirty utility room, sterile hallway, administration offices, 2 locker rooms with showers, kitchen, patient waiting room and the building is 90% furnished, including medical equipment.
-Brand New 2014 Construction (All Brick) -13,500 SFT New Design Prototype Store -Rent Commenced October 6th, 2014 -Store Opening March 2015 -75 Year Corporate Guaranteed Lease -Absolute NNN Lease -$374,230 Net Operating Income -2.5% Percentage Rent -Rent Commencement October 6th, 2014 -Possession Date March 14th, 2015 -13,500+/- SFT Single Tenant Retail Building -NYSE Traded Tenant---Corporate Guarantee -1.0+/- Acres of Land -34 Parking Spaces -Birmingham, Alabama Suburb -44,520+/- ADT at the Subject Intersection -58,342 People within 3 Miles -126,863 People within 5 Miles -$45,170 Average Household Income within 3 Miles -51,203 Households within Trade Area
Price Upon Req.7,174 SF
Commercial Real Estate Auction! 2105 Lorna Ridge Lane Hoover, AL 35216 PROFESSIONAL OFFICE BUILDING HOOVER, AL Ideal for the owner occupant/landlord or the investor that likes a return. Rare opportunity to acquire AT AN AUCTION this 8,965+/- sq. ft. professional office building just off of on Lorna Road in Hoover, AL! Seven (7) leases remain in place of the ten (10) leasable units. This 2 story extra clean and well maintained building is very eye appealing. " Very tasteful and updated appearance (see photo gallery) " 10 Separate leasable suites and 7,174 sq. of net leasable area " 2 Stories, offices, reception rooms, kitchen/break rooms " 1,791+/- sq. ft. of common area " 39 Parking spaces and 2 front entrances for easy access. " Great location and in sight of fine restaurants, movie theatres, Walmart and shopping " Aldot traffic count 37,260; Convenient to I-65, I-459 and Highway 31 " Zoning is C-2 Community Business Tours will be provided by GTA Representatives and tenants will accommodate during Open House dates and times. Auction to be held on site.
* The BOARD OF EDUCATION has $27MM in approved funding for the final two Anchor Buildings. LAMP Magnet School and athletic fields and Montgomery Technical Education Center (MTEC). They will occupy over 350,000 SF on the West side of the Mall. The BOE plans to begin construction in 2015 and with both schools scheduled to be open in Fall 2016. * Now Open - City of Montgomery Anchor #1 which includes 24-hour onsite Fire and Police stations with future indoor walking track * Potential uses: Medical, Discount Retail, Farmers Market, Culinary Institute, Call Centers, Office Space, Daycare/Pre-K, Automotive Training, Family Entertainment, Colleges/Universities, Business Incubators, Ancillary Retail *Almost 100,000 cars/day * Tax Credits (NMTC) and Grants are potentially available *Government support from City and County * Hyundai Plant in Montgomery has resulted in heavy Korean investment throughout Montgomery resulting in less than 7% unemployment * Baptist Hospital and Alpha Insurance Corp HQ nearby
Brand new, high quality construction 10% rental increases every 5 years Very rare fee simple McDonald's - allows for depreciation Lease signed at replaceable rent - under $18 PSF 15 year lease - minimum landlord responsibilities
Dollar General signed a ten year NN 1/2 corporately guaranteed lease which commenced in December of 2008. Due to the extremely high sales volumes at this store, Dollar General recently opted to extend the lease on this store early for an additional ten years through 2025. The lease offers an additional five, five year options to renew with ten percent rental increases in each option. Under the lease, the tenant is responsible for the payment of all taxes, insurance and CAM on the property, including any repairs or maintenance needed to the parking lot, landscaping, and HVAC equipment.
Price Upon Req.Size Upon Req.
Auction.com presents the opportunity to acquire the Motel 6 in Montgomery, Alabama. This property is situated at the intersection of Monticello Dr. and Eastern Boulevard-Frontage Road, directly adjacent to the busy Interstate-85 off ramp. Located minutes from Auburn University at Montgomery, and less than 6 miles from both downtown Montgomery, AL and Alabama State University, the Motel 6 Montgomery is an ideal stop for business travelers, college visitors for sporting events or special activities, or transportation between major cities in the region. The 102-room, exterior corridor property offers business amenities including high-speed internet, copy/fax machine, and a microwave/refrigerator for extended-stay customers. The Motel 6 is an ideal situation for a new owner/operator to acquire the property.Property Listed By: Adrian Strelzow - HTX Realty, Inc; AL RE #100472 / 800-841-9682 or email@example.comFinancing AvailableFinancing has been made available for this property. Please click the link below to find out more.Get Started Here
Exceptional visibility with 114,940 average daily traffic count; 372' of frontage on Huntsville's primary north-south thoroughfare. 2.13 acres (+/-) The following major retailers, institutions and attractions are within a one mile radius: Belk, Dilliard's, Whole Foods (under construction), Acura and Honda dealerships, Walmart Supercenter, Huntsville Hospital, Ashley Furniture Homestore and Von Braun Center. Property site is cleared and ready for new construction.