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New Fast Pace Health | 2% Annual Increases 361 Chelsea Xrds

5,921 SF 100% Leased Office Building Chelsea, AL 35043 £3,740,649 (£632/SF) 6.75% Net Initial Yield

Investment Highlights

  • BRAND NEW 15-YR MODIFIED NNN LEASE WITH 2% ANNUAL INCREASES
  • OUTPARCEL TO PUBLIX ANCHORED CENTER
  • EXCELLENT ACCESS AND VISIBILITY OFF HWY 280 WITH 34,146 CARS/DAY

Property Facts

Sale Type
Investment NNN
Sale Condition
Design & Build
Property Type
Office
Property Subtype
Medical
Building Size
5,921 SF
Building Class
B
Year Built
2024
Price
£3,740,649
Price Per SF
£632
Net Initial Yield
6.75%
NOI
£252,480
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
5,921 SF
Building FAR
0.15
Land Acres
0.88 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-7-26-0-001-038-004
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£107,631
  • Listing ID: 31890452

  • Date on Market: 22/05/2024

  • Last Updated:

  • Address: 361 Chelsea Xrds, Chelsea, AL 35043

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