1506 College Ave, Jackson, AL 36545

This 4,070 square foot, single-tenant office building is located at 1506 College Ave in Jackson, Alabama, 36545. The property features a 10% capitalization rate and a net operating income (NOI) of $36,600. Built in 1974, this Class C building sits on a 0.29-acre lot and is zoned for commercial use. The property boasts 100% occupancy with a long-term government tenant in place for over 20 years. Conveniently located on College Avenue, it's surrounded by national retailers, restaurants, and hotels. The building offers ample private parking in front and rear. Its proximity to Highway 43 (approximately 0.5 miles) and Coastal Alabama Community College's Jackson site (less than 1 mile) enhances its strategic location. The property is approximately 67 miles from Mobile and 148 miles from Montgomery. The asking price is $366,000, translating to a price per square foot of $89.93. The property consists of one building with one story.