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1506 College Ave 4,070 SF Office Building Jackson, AL 36545 $568,625 CAD ($139.71 CAD/SF) 9.08% Cap Rate
EXECUTIVE SUMMARY
Current tenants include a State of Alabama Govenrment organization that has occupied the space for more than 20 years.
±4,090 SF professional office building featuring private parking in both the front and rear, offering convenient access for employees and clients
Attractive 9% Cap Rate, delivering strong cash flow and yield for investors
Centralized location on College Avenue, surrounded by national retailers, restaurants, and hotels - high visibility
Less than one mile from Coastal Alabama Community College – Jackson Campus
Approximately 67 miles to Mobile and 148 miles to Montgomery, offering access to two major Alabama markets
±4,090 SF professional office building featuring private parking in both the front and rear, offering convenient access for employees and clients
Attractive 9% Cap Rate, delivering strong cash flow and yield for investors
Centralized location on College Avenue, surrounded by national retailers, restaurants, and hotels - high visibility
Less than one mile from Coastal Alabama Community College – Jackson Campus
Approximately 67 miles to Mobile and 148 miles to Montgomery, offering access to two major Alabama markets
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
4,070 SF
Building Class
C
Year Built
1974
Price
$568,625 CAD
Price Per SF
$139.71 CAD
Cap Rate
9.08%
NOI
$51,637 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,070 SF
Building FAR
0.32
Lot Size
0.29 AC
Opportunity Zone
Yes
Zoning
B-3 - Commercial
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Public Administration
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
The Alabama Department of Rehabilitation Services (ADRS), established by the Alabama Legislature in 1994, serves individuals with disabilities throughout their lives. Through a "continuum of care" approach, ADRS provides support at every stage of life. The agency operates four main programs—Early Intervention, Children's Rehabilitation, Vocational Rehabilitation, and Independent Living—across 25 community offices, reaching residents in all 67 counties of the state.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Public Administration | - | $9.99 | Lorem Ipsum | Jan 0000 |
1 1
PROPERTY TAXES
| Parcel Number | 3509324000053000 | Improvements Assessment | $63,246 CAD |
| Land Assessment | $10,863 CAD | Total Assessment | $74,108 CAD |
PROPERTY TAXES
Parcel Number
3509324000053000
Land Assessment
$10,863 CAD
Improvements Assessment
$63,246 CAD
Total Assessment
$74,108 CAD
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1506 College Ave
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