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15136614
15136615

1506 College Ave, Jackson, AL 36545

JM
AL 000110883
Moore Company Realty
Listed by Moore Company Realty
$415,000
841 days on market
Updated 1 day ago

1506 College Ave- Jackson, AL

Details
Property Type Office
Sub Type Traditional Office, single tenant
Square Footage 4,070
Units 1
Cap Rate 9.08%
NOI $37,686
Occupancy 100%
Tenancy Single
Price per SqFt $102
Class C
Year Built 1974
Buildings 1
Stories 1
Acreage 0.290
Zoning Commercial

Office | Long Term Government Tenant | 8.00% CAP | ±4,070 SF

Marketing description

Current Long Term Tenant (State of Alabama organization) in Place (Over 20 years)

9% CAP Rate & NOI= $37,686

±4,090 SF Office Space with private parking in front andrear

Centrally located on College Ave- surrounded by NationalRetailer, Restaurants and Hotels

Located ±0.5 miles from Highway 43

Less than 1 mile from Coastal Alabama CommunityCollege: Jackson Site

±67 miles to Mobile

±148 miles to Montgomery

Investment highlights

Current Long Term Tenant (State of Alabama organization) in Place (Over 20 years)

9% CAP Rate & NOI= $37,686

±4,090 SF Office Space with private parking in front andrear

Centrally located on College Ave- surrounded by NationalRetailer, Restaurants and Hotels

Located ±0.5 miles from Highway 43

Less than 1 mile from Coastal Alabama CommunityCollege: Jackson Site

±67 miles to Mobile

±148 miles to Montgomery

Listing Contacts

JM
AL 000110883
Moore Company Realty
Listed by Moore Company Realty

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$37,686.00
$3,140.50/mo

Valuation Metrics

0
DSCR
9.08%
Cap Rate
9.08%
ROI

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