311 Pelham Rd S | Jacksonville, AL 36265
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- LoopNet Team
311 Pelham Rd S
Jacksonville, AL 36265
Walgreens $4.3M 15Yr Abs NNN Rental Increases · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 15 year lease with 5% rental increases every 5 years in the initial term and in the options. 15+ year operating history.
- Absolute net lease with zero landlord responsibilities.
- Adjacent to Jacksonville State University's 459 acre campus with ±9,633 students and ±534 staff.
- Recent third-party reports will be provided to buyer.
- Walgreens LabCorp site , one of only 600 locations nationwide.
- Jacksonville population has almost doubled since 2000 due to continued growth and development of JSU.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
13,650 SF
Building Class
B
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.38 AC
Parking
72 Spaces (5.27 Spaces per 1,000 SF Leased)
AMENITIES
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 12-06-14-1-003-001.001 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $358,620 |
PROPERTY TAXES
Parcel Number
12-06-14-1-003-001.001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$358,620
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