Property summary
This exceptional Class A retail property, located at 2531 University Boulevard in the heart of Tuscaloosa, Alabama, presents a unique investment opportunity. The 1,750 square foot space, built and renovated in 2024, offers a blank canvas for a variety of retail, showroom, or office uses. Its prime location on University Boulevard boasts high visibility and traffic (17,000 vehicles per day), ensuring maximum exposure for your business. The property is currently vacant and available for immediate occupancy on August 1st, 2024. The building features one story and is offered at an asking price of $575,000, translating to $328.57 per square foot. A triple net (NNN) lease is available for a minimum term of three years, with a potential monthly lease rate of $3900. This is a turnkey opportunity in a thriving downtown area, perfect for an owner-user or investor seeking a high-return asset. The property's modern design and prime location make it an ideal choice for businesses seeking to establish a strong presence in Tuscaloosa. The property is situated in Tuscaloosa County, Alabama, with a zip code of 35401. This is a single-unit building, offering a cohesive and efficient space for your business needs. Broker cooperation is available.
Property profile
VerifiedCap rate & NOI
Current use
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Cafe & Coffee Shop
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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