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9755 Highway 43 2,464 SF 100% Leased Retail Building Creola, AL 36525 $250,000 ($101.46/SF)
Investment Highlights
- Great visibility along Hwy 43 in Creola, AL just minutes from I-10
- Area is growing fast with industrial uses.
Executive Summary
This strip center has three suites. Current tenants include a Salon “City Cuts” paying $400 per month and an Italian Restaurant “Toli’s Bistro” paying $850 per month. One suite C is vacant and available. Current income is $14,400yr. Lease type: Gross.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Distress Sale
Property Type
Building Size
2,464 SF
Building Class
C
Year Built
1956
Price
$250,000
Price Per SF
$101.46
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
0.45 AC
Zoning
Un-Zoned - Not zoned commercial development around
Parking
12 Spaces
Frontage
97’ on Hwy 43
Amenities
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | 19-01-11-1-000-008.01 | Improvements Assessment | $37,560 |
| Land Assessment | $4,500 | Total Assessment | $42,060 |
Property Taxes
Parcel Number
19-01-11-1-000-008.01
Land Assessment
$4,500
Improvements Assessment
$37,560
Total Assessment
$42,060
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9755 Highway 43
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