Property Details

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.

Features

• Type: Condominium
• Total Sq. Ft.: 1750.0
• Acreage: 0.05
• Cooling: CentralAir
• Heating: Central, Electric, Gas
• Year Built: 2025
• Construction: Brick
• Flooring: Concrete, Tile
• HOA Fee: 600.0
• HOA Term: Monthly
• Utilities: ElectricityAvailable