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NN AT&T Service Center in Alabama w/ a 7.3% Cap Rate



$650,630

FOR SALE

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Alabama, AL

  • AT&T Service Center - Corporately Guaranteed Lease
  • Long History at Location - Tenant Has Been Operating at Location Since 1971
  • Critical For Regional Operations
  • Built in Rental Increases - 2.5% Every 3 Years - Next Increase in 2019
  • Recent Lease Extension - 4.5 Years Remaining on Current Term
  • Large Parcel - Property Consists of +/- 3 Acres and All Brick Construction Office
  • Guarantor: AT&T Inc.
  • Tenant Pays for Insurance, Parking Lot Maintenance, Roof & Structure, and HVAC.
  • Owner only pays $3,565 of the taxes, tenant pays the rest.

Documents

 
No Documents for this Property


  • Sale Comps $0K - $0K
  • Rental Comps $3,900 - $4,000
  • Property Type Commercial
  • Location Alabama, AL
  • Size 6530 sq. ft.
  • Bedrooms 0
  • Bathrooms 0
  • TAV 0K
  • Annual Taxes $0
  • Year Built 1971

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