Log In/Sign Up
Your email has been sent.
15239 AL Highway 68 9,533 SF Office Building Crossville, AL 35962 $1,312,541 CAD ($137.68 CAD/SF) 8.02% Cap Rate
Executive Summary
Offered at an 8% cap rate with a projected NOI of $77,000, this 9,533 SF medical office building in Crossville, Alabama, presents a stable investment opportunity backed by a new 5-year lease. Built in 2008 and situated on 2.44 acres, the property is located at the signalized corner of Alabama Highway 68 and West Street, with 385 feet of frontage on Hwy 68 and three access points. The building features a traditional clinic layout with multiple exam rooms, physician offices, administrative areas, lab, x-ray room, and a secondf loor business suite. Zoned B-2, the site allows for a broad range of commercial uses, adding long-term flexibility. With ample parking, a covered drop-off canopy, and status as the largest medical office building in the market, this asset offers secure cash flow and strong future leasing potential.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
9,533 SF
Building Class
C
Year Built
2008
Price
$1,312,541 CAD
Price Per SF
$137.68 CAD
Cap Rate
8.02%
NOI
$105,277 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
9,533 SF
Building FAR
0.09
Lot Size
2.49 AC
Parking
46 Spaces (4.83 Spaces per 1,000 SF Leased)
1 1
Property Taxes
| Parcel Number | 32-02-04-0-001-028.000 | Improvements Assessment | $141,998 CAD |
| Land Assessment | $6,050 CAD | Total Assessment | $148,048 CAD |
Property Taxes
Parcel Number
32-02-04-0-001-028.000
Land Assessment
$6,050 CAD
Improvements Assessment
$141,998 CAD
Total Assessment
$148,048 CAD
1 of 35
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
15239 AL Highway 68
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.