This property is now Tenant occupied with a 53 month lease effective 12/1/15 thru 4/30/2020. Rent is based on escalating basis with rent concessions built in to the first year of lease. Total lease value is $122,298.12 with average of $2,307.51 per month. Lease is NNN. Upon receipt of a signed Confidentiality Agreement buyer will be given a copy of the lease to review.Tenant has a right of first refusal to buy. Fully air conditioned warehouse/office building in good condition. Previous use was a children's entertainment/party center, with multiple large rooms, including dance room, and warehouse area for large jumping houses with an 18' eave height. There are 4 HVAC systems, 5 bathrooms, fire suppression system throughout, storage/mechanical rooms, and ample parking (30 spaces). This property is conveniently located just west of the Mobile Hwy intersection. This is a turn-key investment property with a solid long term tenant.

Location Description:

Just west of the Mobile Hwy/Saufley Field Rd. intersection.

Highlights:

>> Free standing fully leased NNN investment property. Leased thru 4-4-2020.

>> Floor plan has large multiple rooms.

>> 5 bathrooms, 4 HVAC systems, fire suppression system

>> 18' eave height in main room (50' x 60')

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Sales Info:

>> Commision split: 3.0%