1847 Commons North Dr | Tuscaloosa, AL 35406
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1847 Commons North Dr
Tuscaloosa, AL 35406
Ascend Plastic Surgery | 13 Yrs | NNN · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Favorable Asset Class - Healthcare real estate provides favorable tenants due to long-term tenancy, higher rent averages, and increased property value
- Affluent Market - The 3-mile radius surrounding this property has an impressive average household income of over $155,000
- Top Alabama MSA - Tuscaloosa is one of the top 5 largest cities in Alabama, boasting a strong presence of various hospitals totaling 1,168 beds
- Passive Income - The NNN lease included with this asset offers investors a more hands off experience and ease of management
- Growing Rents - Ensure the continued growth of your investment dollars with annual increases of 2.5%
PROPERTY FACTS
Property Type
Office
Property Subtype
Building Size
15,400 SF
Building Class
B
Year Built
2008
Tenancy
Single
Building Height
1 Story
Typical Floor Size
15,400 SF
Building FAR
0.24
Lot Size
1.45 AC
Zoning
BN - Neighborhood Commercial District
Parking
47 Spaces (3.05 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 21-09-31-4-003-004.011 | Improvements Assessment | $342,860 |
| Land Assessment | $75,040 | Total Assessment | $417,900 |
PROPERTY TAXES
Parcel Number
21-09-31-4-003-004.011
Land Assessment
$75,040
Improvements Assessment
$342,860
Total Assessment
$417,900
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