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COMMERCIAL GROUND LEASE OPPPORTUNITY 3816 Palisades Dr 0.57 - 0.6 Acres of Commercial Land for Lease in Tuscaloosa, AL 35405



HIGHLIGHTS
- Heavy Daytime Traffic
- Previous Successful Business
- Pad Ready Lot
LOT AVAILABLE
Display Rental Rate as
| Rental Rate |
|
Lot Size | 0.57 - 0.60 AC |
| Lease Term | 20 - 30 Years |
| Rental Rate | |
| Lease Term | 20 - 30 Years |
| Lot Size | 0.57 - 0.60 AC |
3816 Palisades Drive offers a pad-ready ±0.58-acre ground lease opportunity located in Tuscaloosa’s established East Palisades medical and professional corridor. The site previously supported a ±5,000 SF medical office and is well suited for redevelopment with a 4,000–5,000 SF medical or professional office building. Existing utilities, curb cut, and approximately 19 on-site parking spaces remain in place, allowing for efficient redevelopment. The property is offered as a long-term NNN ground lease with a base rent of $75,744 annually ($6,312 per month). The proposed lease structure includes an initial 20–25 year term with CPI-based rent escalations at each optional 5-year renewal period (negotiable). The tenant will be responsible for all taxes, insurance, maintenance, utilities, and vertical construction. Zoning is BGO—Business General Office, which supports a wide range of uses including medical, dental, counseling, financial, insurance, legal, and general office. The site offers convenient access to Skyland Boulevard and McFarland Boulevard (I-20/59) and is surrounded by established medical and professional users.
PROPERTY OVERVIEW
3816 Palisades Drive offers a pad-ready ±0.58-acre ground lease opportunity located in Tuscaloosa’s established East Palisades medical and professional corridor. The site previously supported a ±5,000 SF medical office and is well suited for redevelopment with a 4,000–5,000 SF medical or professional office building. Existing utilities, curb cut, and approximately 19 on-site parking spaces remain in place, allowing for efficient redevelopment. The property is offered as a long-term NNN ground lease with base rent of $75,744 annually ($6,312 per month). The proposed lease structure includes an initial 20–25 year term with CPI-based rent escalations at each renewal period. Tenant will be responsible for all taxes, insurance, maintenance, utilities, and vertical construction. Zoning is BGO – Business General Office, which supports a wide range of uses including medical, dental, counseling, financial, insurance, legal, and general office. The site offers convenient access to Skyland Boulevard and McFarland Boulevard (I-20/59) and is surrounded by established medical and professional users.
PROPERTY FACTS
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COMMERCIAL GROUND LEASE OPPPORTUNITY | 3816 Palisades Dr
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