Details

Fitness Club in Roanake, AL

104 East Ave, Roanoke, AL

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hIGHLIGHTS

Size:9,180 SF

Price:$375,000.00

CAP RATE:6.40%

NOI:$24,000.00

PROPERTY
OVERVIEw

DETAILS

• 9,180 SF of rentable space
• 1.72 Acre lot
• Great visibility and access
• Building constructed in 2004
• NN Lease structure
• Lease expiration date: 6/30/2022
• Formerly a Dollar General

InCommercial Property Group is pleased to offer the opportunity to acquire an R-Fit fitness club in Roanaoke, AL. The 9,180 SF single tenant building sits on 1.72 acres and is located at the nortwest corner of East Ave and US-431. Priced at $375,000 with a 6.40% cap rate, the NN lease runs through June 30, 2022. The site conveniently sits along the area’s main retail corridor with great visibility, access, and plenty of surface parking spaces. Previously a Dollar General, the current tenant R-Fit is know as Roanoke’s premier fitness club.

Location

Contact

Luke Sauer

Managing Broker

(312) 375-6045

LSauer@in-commercial.com