Development Opportunity: Prime Real Estate in Anniston

Investment Overview

Discover an exceptional investment opportunity with two adjacent land parcels available for $299,000. This offering includes an immediate income-producing lease on Parcel B, providing a stable revenue stream with a 5-year lease to the City of Anniston. Enjoy annual rent increases, ensuring growing returns over time.

Investment Highlights

• Parcel A: 7.77 acres
• Parcel B: 4.28 acres, under a gross lease until September 30, 2028, with an in-place NOI of $15,732
• Location: Surrounded by small office spaces, retail outlets, restaurants, and light industrial properties
• Accessibility: Easily accessible via secondary roads to US Highways 78 and 431, with quick access to I-20
• Transportation: Adjacent to railroad tracks, enhancing logistical convenience