2716-2728 Lurleeen Wallace Boulevard, Northport, AL 35476

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List Price
$1,800,000
MLS#
178028
Status
ACTIVE
County
Tuscaloosa
City
Northport
Living Area
18,164
Acres
1.25
Property Subtype
Mixed Use

Property Description

VALUE-ADD INVESTMENT OPPORTUNITY! Approximately 18,151 SF multi-tenant commercial property along highly traveled Lurleen Wallace Blvd in Northport, with exposure to approximately 40,000 vehicles per day. The property features an established tenant mix generating $109,440 in annual rental income. Current rents average just $6.03/SF annually, offering significant upside potential through lease renewals and gradual increases toward market rental rates. Strategically located near downtown Northport, the University of Alabama, and downtown Tuscaloosa. Excellent opportunity to acquire an income-producing asset with below-market rents and substantial potential for increased cash flow and long-term appreciation.

Additional Information

Days on Market
0
Year Built
1970

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Calculator source: Real Geeks

Listing courtesy of Pritchett Moore Real Estate.