Garrett McKone

16106 Hwy 216, Brookwood, AL 35444

$275,000
  • 16106 Hwy 216, Brookwood, AL 35444 Main Photo

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Featured Listing Active
SQUARE FEET2,501 MLS#176946
STATUSActive PROPERTY TYPECommercial - Retail

Property Description

Excellent investment opportunity featuring well-maintained, two-tenant commercial building with established with a pharmacy and fitness center occupants. Both spaces are in good condition and provides rental income with approximately six years left on the existing lease and a 3% annual rent escalation, offering built-in income growth for the new owner. The Pharmacy is currently leased at $950 per month and has been well maintained. Improvements include attractive LVP flooring and a roof that is approximately 5-6 years old, providing added value and reduced near-term capital expense. The adjoining fitness center/gym is currently leased at $900 per month and is also in good condition. The space features a distinctive, red-painted interior suited to its current fitness use.

16106 Hwy 216 | MLS# 176946

This commercial property located at 16106 Hwy 216, Brookwood, AL 35444 is currently listed for sale by HAMNER REAL ESTATE, with an asking price of $275,000. Search Brookwood real estate on garrettmckone.hamnerrealestate.com today.

Property Features

Property Type: Commercial - Retail
Lot Size: 0.49 Acres
Taxes: $1,489

Feature Descriptions

Days on Site: 13
Lot Dimensions: 21344
Parcel#: 2309310001005032
Units: 2

Listed By / Shown By

Listed By

Agency Name: HAMNER REAL ESTATE

agent picture

Shown By

Agent Name: Garrett McKone
Agent Phone: (205) 242-6463

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