Share This Listing

Message

922 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

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

Save this listing!

Favourite this listing to get notified of price updates, new media and more

HIGHLIGHTS

  • Heavy Daytime Traffic
  • Previous Successful Business
  • Pad Ready Lot

LOT AVAILABLE

Display Rental Rate as

Rental Rate
  • $4.15 CAD/SF/YR
  • $0.35 CAD/SF/MO
  • $107,984 CAD/YR
  • $8,999 CAD/MO
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

Total Space Available 0.60 AC
Min. Divisible 0.57 AC
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Tienda de conveniencia
  • Healthcare
  • Hold For Development
  • Hold For Investment
  • Office Park
  • Listing ID: 38923104

  • Date on Market: 2025-12-30

  • Last Updated:

  • Address: 3816 Palisades Dr, Tuscaloosa, AL 35405

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}