2531 University Boulevard Unit 3&4, Tuscaloosa, AL 35401

$599,000
1,750
SqFt

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Property Description

Outstanding 1031 exchange opportunity on University Boulevard in downtown Tuscaloosa. National retail tenant with over 90 locations in 27 states beginning year two of a five-year lease with 10% increase at renewal. Newly built in 2024 with significant tenant renovation in 2025 makes it a maintenance-free property and with a cap rate of 5.49%, this is a solid investment in a growing community. The owner/listing agent is a licensed realtor in the State of​​‌​​​​‌​‌​​​​‌‌​​‌‌​‌‌​​‌​​​‌​‌ Alabama.

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Courtesy of Lee Foster with Keller Williams Tuscaloosa