Listed by KW Commercial Tuscaloosa, KW Commercial Keller Williams Tuscaloosa
$99,000
Forkland, AL Post Office
Details
Property Type Special Purpose
Sub Type Post Office
Square Footage 909
Units 1
Occupancy 100%
Tenancy Single
Lease Type Gross
Lease Term 5
Rent Bumps Yes
Lease Options 2
Price per SqFt $109
Broker Co-Op Yes
Buildings 1
Acreage 0.210
Ground Lease No
Special Purpose | 909 SqFt
Marketing description
Unique Investment Opportunity!!!
This Commercial Property located in Forkland, AL features an active lease with the United States Postal Service. Ideal for investors seeking dependable and stable cash flow from a longstanding Federal tenant. Call Listing Agent for more details.
Investment highlights
New Lease (starting 7/1/27)
5-year Lease with 2 5-year Options
Rent $7,000/yr (years 1-5), $7,700/yr (years 6-10) Option, $8,470/yr (years 11-15) 2nd Option.
Owner pays Taxes, Insurance, and Major Repairs.
Current Lease Rent $4,600/yr
Listing Contacts
Listed by KW Commercial Tuscaloosa, KW Commercial Keller Williams Tuscaloosa
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