Outstanding high quality single tenant investment property under long term lease to Manulife Investment Management Forest Management, Inc. formerly Hancock Natural Resource Group. (http:.//www.maulifeim.com) ¨ Manulife has a long term commitment to this location which serves as a field office to manage its forests located throughout Alabama region. ¨Gross Rent: $42,737 per year ¨ Annual CPI Rent Increases ¨Property Taxes: $3,546 per year. ¨2024 NOI: (Est. $37,200) ¨Cap rate: (Est. 9.4%) ¨Landlord pays taxes, insurance, roof, repairs. ¨Lease Expires February 2025 ¨ Lease Renewal subject to mutual agreement 5,371 +,- SF Building ¨ 4 +,- Acres. ¨Secure Fenced and Gated Property. ¨ Meticulously maintained condition. ¨Built 1971. ¨ Low Maintenance. ¨ Metal Roof in Like New Condition ¨ Abundant paved parking. ¨ Fully Leased ¨ Fee Simple Ownership ¨ Price to sell at $375,000 ¨ Ideal location with easy access to U.S. 280, Highway 25, Highway 231, I-65, I-459 and I-20. ¨ Call for Details.