2021 Boll Weevil CirEnterprise, AL 36330

This exceptional investment opportunity presents a single-story, 10,500-square-foot office building located at 2021 Boll Weevil Cir, Enterprise, AL 36330. Built in 1995, the property boasts a strong 8.50% capitalization rate and a Net Operating Income (NOI) of $90,015. The asking price is $1,059,000, translating to $100.86 per square foot. Currently occupied by the Alabama Career Center, a state-leased tenant since 1995, the building benefits from a stable lease history, with renewals typically occurring every five years. The current lease extends from June 21, 2021, to May 2026, generating a gross monthly income of $8,750. The tenant is responsible for utilities, janitorial services, and landscaping, while the owner manages maintenance, taxes, and insurance. The property is zoned B-3 and presents a significant advantage for a local owner, who could potentially reduce operating expenses given the current owner's out-of-state location. This presents a compelling opportunity for investors seeking a stable, high-yield investment in a well-established location. The property is situated in Coffee County, Alabama.