2828 Jordan Lane, Huntsville, AL 35810
- $1,000,000
- List Price
- $1,000,000
Property Description
Investment opportunity on Jordan Lane NW. 7,057 SF commercial building occupied by Gerber Collision & Glass under an existing NN lease generating $72,000 annual base rent. Tenant maintains property insurance; real estate taxes are included in operating costs under the lease. Sale includes two parcels totaling approx. 1.28 acres. Current term through April 2028 with four additional 5-year renewal options and scheduled rent increases during the renewal terms. Recently replaced HVAC with manufacturer warranty.
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Listing courtesy of Legend Realty.
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