Purchase Opportunity- High Traffic Area- 15th Street in Tuscaloosa, AL

19 15th Street Tuscaloosa, AL 35401

19 15th Street, Tuscaloosa, AL, 35401
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FOR SALE FOR LEASE
Property Type:
Free Standing Building
Amount:
$1,995,000
Last Verified:
Mar 08, 2022

Highlights


Description

RARE COMMERCIAL OPPORTUNITY on 15th Street in Tuscaloosa AL located minutes from Downtown Tuscaloosa and adjacent to U of A campus. 4700 SF building in excellent condition on 1.03 acres. Zoned MX-3. Building completely rebuilt in 2014, over 50+ private parking spaces. Property is 1 block west 15th St/2nd Avenue intersection, where new bridge was recently built over RR tracks as another entrance into U of A campus. 4 HVAC units, 4 BA (2 Men, 2 Women) Ceramic Tile Floors. There is also a air filtration system which returns purified air into the building. Property is on Sewer with all other infrastructure on site. Building can be reconfigured to suit Purchaser’s needs

COMMERCIAL NNN LEASE OPPORTUNITY on 15th Street in Tuscaloosa AL located minutes from Downtown Tuscaloosa and adjacent to U of A campus. 4700 SF building @ $25 NNN in excellent condition on 1.03 acres. Zoned MX-3. Building completely rebuilt in 2014, over 50+ private parking spaces. Property is 1 block west 15th St/2nd Avenue intersection, where new bridge was recently built over RR tracks as another entrance into U of A campus. 4 HVAC units, 4 BA (2 Men, 2 Women) Ceramic Tile Floors. There is also a air filtration system which returns purified air into the building. Property is on Sewer with all other infrastructure on site. Minimum 10 year Lease. Taxes- $7100 yr. Utilities- $1050 mo. Insurance- $540 mo.

Subject Property is located on 15th Street one block away from new entrance to U of A Campus via brand new overpass which connects 15th Street to Bryant Drive adjacent to Coleman Coliseum. Property is 1/2 miles from McFarland Blvd/Hwy 82 and 1 mile from I-359.


Year Built: 2014
Building Size: 4700sq ft
Lot Size: 1.03 acres

Units for Lease

19 15th Street
Space Available: 4700 SF
Lease Type: NNN

Price Per Sqft/Month: $25.0

Map of 19 15th Street, Tuscaloosa, AL, 35401

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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