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.
Listed By
Agency Name: HAMNER REAL ESTATE
Shown By
Agent Name: Garrett McKone
Agent Phone: (205) 242-6463
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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.