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426 Veterans Drive
Florence, AL 35630
Asking Price
$6.75M
Asset Type
Traditional Office Office
Class
Class B
What's Special
Office | 25,580 SqFt <ul><li><span style="color: rgba(33, 37, 41, 1)">±25,500 SF office and operations facility on approximately 1.97 acres</span></li><li><span style="color: rgba(33, 37, 41, 1)">Complete interior and systems renovation completed in 2009 with 7,500 SF expansion added in 2011</span></li><li><span style="color: rgba(33, 37, 41, 1)">99 on-site parking spaces plus approximately 30 adjacent overflow spaces</span></li><li><span style="color: rgba(33, 37, 41, 1)">Institutional-grade infrastructure incl
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NOI
$80,000
Cap Rate
1.19%
DSCR
0.20
Underwater
Cash-on-Cash
-15.84%
Monthly Payment
$33,395.317
Annual Cash Flow
$-320,743.805
