16106 Hwy 216, Brookwood, AL 35444

$275,000
2,501
SqFt

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List Price
$275,000
MLS#
176946
Status
ACTIVE
County
Tuscaloosa
City
Brookwood
Living Area
2,501
Acres
0.49
Property Subtype
Retail

Property Description

Excellent investment opportunity featuring well-maintained, two-tenant commercial building with established with a pharmacy and fitness center occupants. Both spaces are in good condition and provides rental income with approximately six years left on the existing lease and a 3% annual rent escalation, offering built-in income growth for the new owner. The Pharmacy is currently leased at $950 per month and has been well maintained. Improvements include attractive LVP flooring and a roof that is approximately 5-6 years old, providing added value and reduced near-term capital expense. The adjoining fitness center/gym is currently leased at $900 per month and is also in good condition. The space features a distinctive, red-painted interior suited to its current fitness use.

Additional Information

Days on Market
13

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Calculator source: Real Geeks

Listing courtesy of HAMNER REAL ESTATE.