
GFG Fitness and Training
Excellent 1031 Investment Opportunity
Marketing description
Great high-visibility property in an excellent, central location convenient to DCH Regional Medical Center, U of A, and large upscale apartment complexes. Ideal for retail, medical office, showroom, restaurant or office complex. Seller operates the existing 24-hour fitness business and is willing to lease the building back from the buyer at $7,600 per month gross with 3 1/2 years remaining on the current lease, with an additional 5-year option (great 1031 opportunity). The adjacent lot can also be purchased for an additional $300,000 for expansion or another business. This is the hottest growth corridor in Tuscaloosa with restaurants, a Fresh Market grocery store and three major retail shopping developments in the area, so don’t miss this opportunity.
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