2115 1st Avenue S

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2115 1st Avenue S

Birmingham, AL 35233
Asking Price
$1.10M
Cap Rate
6.75%
Asset Type
Telecom/Data Center Special-purpose
Class
Class B

What's Special

Special Purpose | 6.75% CAP | 700 SqFt <ul><li>​7+ Years Remaining | Scheduled Rental Increases | 28 Superchargers</li><li>​US Hwy 280 (81,400 VPD) | Retail Corridor |Strong National/Credit Tenant Presence</li><li>​Strong Demographics In 5-Mile Trade Area</li></ul>

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NOI
$80,000
Cap Rate
7.25%
DSCR
1.22
Tight
Cash-on-Cash
4.36%
Monthly Payment
$5,461.99
Annual Cash Flow
$14,456.124

Location & Travel Times