2711 Gary Fitts St, Tuscaloosa, AL
investment Property
$1.2 million
NNN Credit Tenant
5 yrs remaining
+renewal option
Property Details
Currently rented to South Oak Title, a Southeastern regional title and closing company. NNN five year lease started 8/23/24 has annual rent escalations. One five year renewal term. Lease synopsis available upon request. Full lease and interior inspection available with a signed contract and earnest money. Interested buyers may NOT contact the tenant.
This is a very desirable historic property with no historic restrictions. Next door to R&R Cigar Bar. 1.3 miles to stadium, 3 blocks to game day trolley stop, 3 blocks to dining & entertainment, 2 blocks to Court House. Property will always holds its value for office space, long term student rentals or short term rentals.
Built in 1887 and completely updated in 1997 and 2023. 4,630 sf per tax records. Massive rooms, tall ceilings, wood floors, modern amenities. All windows brand new, metal roof still under warranty, 2 new a/c units, new tankless water heater and new gas lines, fully insulated exterior walls, new fencing. Maintenance-free concrete wheelchair ramp in front. Generous off-street parking via dedicated alley at rear to fenced rear yard. Ample street parking also available. For an NDA and lease synopsis, click HERE.
Built in 1887 and completely updated in 1997 and 2023. 4,630 sf per tax records. Massive rooms, tall ceilings, wood floors, modern amenities. All windows brand new, metal roof still under warranty, 2 new a/c units, new tankless water heater and new gas lines, fully insulated exterior walls, new fencing. Maintenance-free concrete wheelchair ramp in front. Generous off-street parking via dedicated alley at rear to fenced rear yard. Ample street parking also available. For an NDA and lease synopsis, click HERE.