For Sale
$950,000
109 Opp Ave Andalusia, AL 36420
Multi-tenant medical office, strong NOI.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- 5,150 SF Class B medical office building on a 0.254-acre lot in Andalusia, AL.
- 100% occupancy with Renalus Kidney Care (NNN lease) and LHC Home Health (gross lease).
- Weighted Average Lease Term (WALT) exceeds 7 years.
- Tenants invested a combined $565,000 in property upgrades.
Property Details for 109 Opp Ave
- Property type
- Office properties, Medical offices
- Square Feet
- 5,150 SF
- Class
- B
- Year Renovated
- 2019
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 11,064 SF
Location Insight
- City
- Andalusia
- County
- Covington
- State
- Alabama
- Latitude
- 31.307473409755
- Longitude
- -86.484050741518
Nearby Similar for Sale
FAQs
- What type of property is this?
- Office property - Multi-tenant medical office, strong NOI.
- Where is the office property located?
- The property is located at 109 Opp Ave Andalusia, AL.
- What is the asking price?
- The asking price for this property is $950,000.
- What are key features of this property?
- This property features: 5,150 SF Class B medical office building on a 0.254-acre lot in Andalusia, AL.; 100% occupancy with Renalus Kidney Care (NNN lease) and LHC Home Health (gross lease).; Weighted Average Lease Term (WALT) exceeds 7 years.
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