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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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Shelby Commercial Real Estate for Sale
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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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- Built in 2023
- Investment Opportunity
- 62.55 AC Lot
- Brand-new warehousing and distribution facility that is part of an upcoming multi-building logistics park eligible for multiple incentives along Interstate 85.
-
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