Listing banner image
  • Property Type
    OfficeProperty Type
  • Building Class
    A+Building Class
  • Floor Plates
    20,000 SFFloor Plates
  • Amenities
    -Amenities
  • Parking Ratio
    4Parking Ratio
  • Load Factor
    12%Load Factor

Description

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Offering Summary

  • Asking Price
    $150,000,000
  • Price PSF
    $625
  • Price/Unit
    $4,000,000
  • Price/Acre
    $3,000,000
  • Property Type
    Office
  • Size
    200,000 SF
  • Available
    50,000 SF
  • Built
    2000

Sale Details

  • Walt
    15 Years
  • Cap Rate
    15%
  • NOI
    $17
  • Return-on-Cost
    18%
  • Stabilized Cap Rate
    19%
  • Stabilized NOI
    $20
  • In-Place Cap Rate
    21%

Documents

Property Address

The Address Road
New Haven, AL 411070

Property Details

  • Property Type
    Office
  • Available Space (SF)
    50,000 SF
  • Occupancy
    85%
  • Building Class
    A+
  • Year Built
    2000
  • Year Renovated
    2018
  • Stories
    5
  • Floor Plates (SF)
    20000 SF
  • Load Factor (%)
    12%
  • Parking Ratio
    4
  • Total Parking
    350
  • Tenancy
    Single
  • Operating Expenses ($/SF/yr)
    15.50 $/SF/yr
  • Lease Type
    Absolute Net

Deal Team

Sean Fulp profile image

Sean Fulp

Vice Chair Vice Chair
Colliers
CA RE Lic. 01389064
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