For Sale
$1,400,000

510 Laurel StScottsboro, AL 35768

Prime Scottsboro Office, 24,291 SF, NNN Lease

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional three-story, 24,291 square foot Class B office building, located at 510 E Laurel St, Scottsboro, AL 35768, is offered for sale by owner. The property features a versatile layout suitable for a variety of uses and includes a 2,507 square foot bank drive-thru. The building boasts carpeted flooring throughout and an industrial kitchen on the third floor, providing ample opportunity for customization. Currently operating under a multi-tenant, triple net (NNN) lease with a 3-year term and 43% occupancy, the asking price is $1,400,000 ($57.63/SF). The property sits on ground leased land. Scottsboro, Alabama, offers a strong economic foundation with a population of 11.2k and a rising median income. This presents a compelling investment opportunity in a thriving location with significant growth potential. The property's strategic location and adaptable space make it an ideal addition to any investment portfolio. The building's size and existing infrastructure provide a solid base for future development and increased profitability. This is a rare opportunity to acquire a substantial commercial property in a growing Alabama market.

Highlights

  • $1,400,000 asking price for a 24,291 square foot office building.
  • Located at 510 E Laurel St, Scottsboro, AL 35768.
  • Class B, multi-tenant executive office building.
  • NNN lease, 3-year term, 43% occupancy.
  • Ground lease included.
  • For sale by owner.

Property Details for 510 Laurel St

Property type
Office properties
Square Feet
24,291 SF
Class
B

Location Insight

City
Scottsboro
County
Jackson
State
Alabama
Latitude
34.672770383988
Longitude
-86.027911216183
510 Laurel St, Scottsboro, Alabama

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
510 Laurel St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message