WALTER KELLEY 229.343.0167 [email protected] ARC REALTY 4274 Cahaba Heights Ct. Birmingham, AL 35243 205.969.8910 | ArcCommercialRealEstate.com OFFERING SUMMARY Sale Price: $561,000 Cap Rate: 7.78% NOI: $43,662 Year Built: 1966 Building Size: 6,277 SF Zoning: BN - Neighborhood Business Price / SF: $89.37 LOCATION OVERVIEW The 1714 and 1712 Greensboro site is improved with an office building measuring 3,927 sf and a warehouse measuring 2,349 sf constructed in 1966. This building is presently occupied by Arrow Exterminators. The subject property is located at the corner of Greensboro Ave and 18th Street across form the Piggly Wiggly grocery store. The area of the Subject is considered prime being located west of the University of Alabama, a few blocks south of the central downtown Tuscaloosa area, two blocks south of 15th street a major east/west thoroughfare. Property values should continue to benefit from economic forces that presently are placing a premium on these area locations. This irregular shaped parcel is 150’ on east side along Greensboro, 210’ on the south side along 18th Street, x 100’ on the west side, running back 100’ plus 10’ alleyway to corner of lot, then 50’ north along alley before running 100’ to point of beginning. The total area of the site is approximately .61 acres. ARROW EXTERMINATORS - TUSCALOOSA 1714 Greensboro Avenue, Tuscaloosa, AL 35401