Freestanding Medical Building - Crossville, AL
$960,000
15239 Alabama 68, Crossville, AL 35962
9,533 sqft
Building Size
B
Class
Details:
Highlights:
- 9,533 SF medical office building on 2.44 acres
- New 5-year lease in place | $77,000 projected NOI | 8% cap rate
- Largest medical office facility in Crossville
- Corner site with 385’ of frontage on Hwy 68 and 529’ on West Street
- Zoned B-2 – permits retail, restaurant, and office uses
- Traditional clinic layout with exam rooms, lab, x-ray, and second-floor office suite
- Three access points and ample parking
- Covered drive-through canopy for patient drop-off
Description:
Offered at an 8% cap rate with a projected NOI of $77,000, this 9,533 SF medical office building in Crossville, Alabama, presents a stable investment opportunity backed by a new 5-year lease. Built in 2008 and situated on 2.44 acres, the property is located at the signalized corner of Alabama Highway 68 and West Street, with 385 feet of frontage on Hwy 68 and three access points. The building features a traditional clinic layout with multiple exam rooms, physician offices, administrative areas, lab, x-ray room, and a second-floor business suite. Zoned B-2, the site allows for a broad range of commercial uses, adding long-term flexibility. With ample parking, a covered drop-off canopy, and status as the largest medical office building in the market, this asset offers secure cash flow and strong future leasing potential.
Located on Alabama Highway 68/ Main Street, west of the Hwy 227 Intersection
Location
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