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Property profile

3127 Martin Luther King Blvd Tuscaloosa, AL 35401

OFF-MARKET
Retail properties & Spaces
4,400 SF Built 2018
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Property summary

AI-generated overview

This exceptional 4,400-square-foot retail storefront, built in 2018, is ideally situated at the signalized intersection of MLK and Stillman Boulevard in Tuscaloosa. Boasting excellent visibility and convenient access to downtown, this single-tenant space presents a remarkable opportunity for businesses seeking a high-traffic location. The property features a spacious, open sales floor, complemented by a rear stockroom and office area. The flexible layout offers the potential for division into two separate spaces, catering to a variety of business needs. The building is a single-story structure with no elevators. Property taxes are $1.50 per square foot. The zoning classification is BN. Currently, the entire 4,400 square feet is vacant and available for lease. The lease terms are net-net (NN), meaning the tenant is responsible for certain operating expenses. This property offers unparalleled exposure and accessibility, making it an ideal location for a variety of retail businesses seeking to establish a strong presence in a thriving downtown area. The building's modern construction and adaptable floor plan provide a blank canvas for a successful enterprise. Don't miss this chance to secure a prime retail space in a high-demand location.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2018
Total area 4,400 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3127 Martin Luther King Blvd Tuscaloosa, AL 35401
Tuscaloosa metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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