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1830 LEE AVE SW CULLMAN AL 35055-5265
CULLMAN, AL 35055-5265
Asking Price
$2.10M
Asset Type
Medical Office Office
Class
Class B
What's Special
Office | 6,955 SqFt <ul><li>±6,955 SF Medical / Professional Office Building</li><li>Built in 2015</li><li>Existing Medical Buildout in Place</li><li>Clinical Plumbing and Casework Installed</li><li>1.5 Acre Site</li><li>Approximately 27 Parking Spaces</li><li>Existing Edward Jones Income Through December 2028</li><li>Includes 0.58 AC of additional land for future development</li></ul>
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NOI
$80,000
Cap Rate
3.81%
DSCR
0.64
Underwater
Cash-on-Cash
-7.09%
Monthly Payment
$10,389.654
Annual Cash Flow
$-44,675.85