1218 University Blvd | Tuscaloosa, AL 35401
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1218 University Blvd
Tuscaloosa, AL 35401
CVS · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Newly built
- Highly-leveraged zero cash flow investment
- New NNN 25-year lease with 10 five-year extensions
- Perfect 1031 exchange asset
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
10,402 SF
Building Class
B
Year Built
2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.75
Lot Size
0.32 AC
Zoning
BN
Parking
20 Spaces (1.92 Spaces per 1,000 SF Leased)
Frontage
87’ on University Blvd
ABOUT 1218 UNIVERSITY BLVD , TUSCALOOSA, AL 35401
Rare opportunity to acquire a newly-built CVS Pharmacy on the campus of the University of Alabama, with over 38,000 students 3.901% loan that fully amortizes prior to the expiration of the lease and contains pay-down/re-advance feature, allowing an investor to meet a larger exchange requirement and purchase the asset for limited equity
PROPERTY TAXES
| Parcel Number | 31-06-23-2-002-009.000 | Improvements Assessment | $205,780 |
| Land Assessment | $18,100 | Total Assessment | $223,880 |
PROPERTY TAXES
Parcel Number
31-06-23-2-002-009.000
Land Assessment
$18,100
Improvements Assessment
$205,780
Total Assessment
$223,880
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
