2711 Gary Fitts ST Active Save Request In-Person Tour Request Virtual Tour
Tuscaloosa,AL 35401
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,630 sqft
Price per Sqft $259
MLS Listing ID 164861
Year Built 1887
Annual Tax Amount $3,470
Lot Size 7,840 Sqft
Property Sub-Type Mixed Use
Property Description
Investment property. Zoned Downtown District. Tenant is South Oak Title, a regional credit tenant with offices in multiple SE states. Five year lease commenced 8/23/24, with one five-year renewal option. NNN. Annual rent increases, with $5,500 per month starting 9/1/25. IRR almost 8% with realistic disposition sales price at end of Year 5 and 5% sales costs.
Contact listing agent for NDA, lease synopsis and relevant zoning ordinances. Full lease available for review with signed contract. Do not contact tenant.
Location
State AL
County Tuscaloosa
Area (02) Central Tuscaloosa City