New Fast Pace Health | 2% Annual Increases | 361 Chelsea Xrds
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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
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
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PROPERTY TAXES
Parcel Number | 09-7-26-0-001-038-004 | Improvements Assessment | £0 |
Land Assessment | £0 | Total Assessment | £107,631 |
PROPERTY TAXES
Parcel Number
09-7-26-0-001-038-004
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£107,631
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New Fast Pace Health | 2% Annual Increases | 361 Chelsea Xrds
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