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.

Property Highlights