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Triple Net (NNN):
A lease in which the tenant is responsible for
all expenses associated with their proportional
share of occupancy of the building
Core:
Occupancy is greater than or equal to 90%
at time of sale
Value-Add:
Occupancy is greater than or equal to 60%
and less than 90% at time of sale
Opportunistic:
Occupancy is less than 60% at time of sale
A lease in which the tenant is responsible for
all expenses associated with their proportional
share of occupancy of the building
Core:
Occupancy is greater than or equal to 90%
at time of sale
Value-Add:
Occupancy is greater than or equal to 60%
and less than 90% at time of sale
Opportunistic:
Occupancy is less than 60% at time of sale
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Addison Commercial Real Estate for Sale
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Absolute Auction On
BUY NW AVAILABLE Auction In Progress | Ends Today at Auction In Progress | Ends Tomorrow at Auction In Progress | Ends at Auction Complete | Ended Auction Complete Auction On01d :00h :00m :00s- Proximity to the Univ. of Northern AL
- Value-add mixed-use in a stable market
- Starting bid $1,200,000
43h :32m :09sProj Cap Rate:0 Current Bid Starting Bid 250000 Bid IncrementProjected Cap Rate 0 Current Bid Starting Bid 250000 Bid IncrementEnded- Proximity to the Univ. of Northern AL
- Value-add mixed-use in a stable market
- Starting bid $1,200,000
-
1/26
- $3,700,000
- Built in 1973
- Investment Opportunity
- Acquire a premier standalone office building with historically high occupancy in Homewood, minutes from Birmingham's CBD and the UAB Hospital and campus.
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- $11,500,000
- Built in 1991
- Ideally located office building in Cummings Research Park, the second-largest research park in the US, with easy access to Interstate 565.
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