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10 Gilmer Ave

11,325 SF Retail Building Tallassee, AL 36078 For Sale

Investment Highlights

  • NOI: $157,416.00

Executive Summary

Call Agent For Price.
NOI: $157,416.00
Current Lease Expiration: 1-31-2031
Six-5 year options remaining after 2031 expiration with option term increasing by 7.15 % in first option term and 5% thereafter.
Corporate Guaranty: CVS Caremark

Attachments

CVS OM Tallassee AL

Property Facts

Sale Type
Investment NNN
Sale Condition
Ground Lease Sold
Property Type
Retail
Property Subtype
Drug Store
Building Size
11,325 SF
Building Class
C
Year Built
1997
NOI
£124,201
Tenancy
Single
Number of Floors
1
Building FAR
0.19
Land Acres
1.40 AC
Parking
48 Spaces (4.24 Spaces per 1,000 SF Leased)
Frontage
200 ft on Gilmer Ave
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PROPERTY TAXES

Parcel Number 20-04-18-3-304-001001-0 Improvements Assessment £752,375
Land Assessment £175,111 Total Assessment £927,485

PROPERTY TAXES

Parcel Number
20-04-18-3-304-001001-0
Land Assessment
£175,111
Improvements Assessment
£752,375
Total Assessment
£927,485
(205) 939-8239

  • Listing ID: 32569983

  • Date on Market: 24/07/2024

  • Last Updated:

  • Address: 10 Gilmer Ave, Tallassee, AL 36078

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© 2024 CoStar Group

10 Gilmer Ave
(205) 939-8239 x

10 Gilmer Ave

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Dan W. Anderson

(205) 939-8239

(205) 939-8239

Michael Johnson

(205) 939-8233

(205) 939-8233

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