PROPERTIES FOR SALE

Updated 11/07/08


COMMERCIAL & RETAIL
Area

Address

Picture

Building Size

Lot Size

List Price

Comments

Bloomington, IN

2020 South Walnut St.

Picture

1536

2.8 Acres

$1808219

Sale, Lease-back of operating Sonic Restaurant. Owner/operator will sign a new 20 yr, NNN lease at closing. Lease will provide for 5% increases in rental rate every 5 years. Personally guaranteed b

French Lick, IN

679 S. State Road 145

Picture

2624

1.54 Acres

$887671

Sale, Lease-back of operating Sonic Restaurant. Owner/operator will sign a new 20 yr, NNN lease at closing. Lease will provide for 5% increases in rental rate every 5 years. Personally guaranteed b

Tell City, IN

625 Highway 66

Picture

2624

.77 Acres

$1150685

Sale, lease-back of operating Sonic Restaurant. 7.3% cap rate

Muscle Shoals

204 W. Avalon Ave

Picture

3281

.85 acres

$500000

Former Regions Bank Branch

Florence

Cox Creek Parkway

Picture

n/a

10.05 acres

$595000

REar zoned R-3 Front 2 acres R-B

Florence

873 Cox Creek Parkway

Picture

4310

120 x 375 irr

$425000

Former Armed Forces recruitment office. Can lease small units, $12. 00 nnn

Muscle Shoals

2071 Avalon Avenue

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2200

185 x 275

$1150000

Previous use as Back Yard Burger. High traffice localion.

Florence

2112 Helton Drive

Picture

800 sf

120 x 165

$225000

Prior use as Pharmacy

Muscle Shoals

Woodward Ave Shoals Mkt Place

Picture

n/a

.40 - 1.5 acres

$Various

Out Parcels of Shoals Market Place.

Muscle Shoals

101 Industrial Drive

Picture

10,000 s.f.

1 acre

$400,000

Will lease for $3,500 per month NNN



INCOME PRODUCING
Area

Address

Picture

Building Size

Lot Size

List Price

Comments

Florence, Kentucky

9915 Berberich Drive

Picture

1,262 SF

220 x 180

$1800000

Sonic building rental 20 years 7% cap rate.

Florence

241 Beman Dr

Picture

5400

214 x 191 irregular

$750000

Long therm lease to Pittsburg Paints. 7% cap rate

Hazel Green, AL

14171 US Highway 231/431

Picture

1,526 s.f.

126 x 558

$1,465,000.00

Sonic Drive-In. New 20 year NNN lease.

Ardmore, TN

26909 Main Street

Picture

1,482 s.f.

228 x 153

$1,230,000.00

Sonic Drive-In. New 20 year NNN lease.

Rainsville, AL

208 Main Street

Picture

1,718 s.f.

140 x 240

$1,480,000

Sonic Drive-In. New 20 year NNN lease.

FLORENCE

401 VETRANS DR.

Picture

4,650 s.f.

166 X 116

$200,000

Leased to Church/Day care. $18,000 annual lease.

Florence

3499 N. Wood Ave

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180 x 200

$325,000

4-plex and duplex

Florence

2816 N. Wood Ave

Picture

250 x 300

$425,000

4-plex, 1 house

Florence

610 S. Court St

2,500 s.f.

$150,000

Currently leased



INDUSTRIAL
Area

Address

Picture

Building Size

Lot Size

List Price

Comments

Florence

615 Thompson St.

Picture

15000

101x357 irr.

$349000

2000 SF Office. Most of whse is heated and cooled.

Florence

4129 Helton Drive

Picture

11,672 sf

1.16 Acre

$175,000

Heated & Cooled. Previously used as sewing operation.



LAND
Area

Address

Picture

Building Size

Lot Size

List Price

Comments

Florence

Cobblestone South

Picture

0

197 x 100

$140000

Commercial lot behind Logan's

Florence

Huntsville Road

0

142 x 950 irregular

$100000

LOt next to utilities substation.

Florence

Huntsville Road

Picture

0

57 x 110

$15000

Residential lot on Huntsville Road. Structure of no value.

Florence

Cobblestone North Lot 3

Picture

0

1.698 Acres

$700000

Vacant lot on Florence Blvd. beside Sonic Restaurant

Florence

Cobblestone North Lot 4

Picture

0

1.695 Acres

$500000

Commercial lot near WalMart and Florence Blvd.

Tuscumbia

Highway 72

Picture

.90 acre

$325000

Level lot on South side of 72 next to Key West Inn.

Tuscumbia

Highway 72 West

Picture

3.01 Acres

$$2.90 / sf

Prime location, East of Coldwater Inn.

Tuscumbia

Highway 72 West

Picture

3.91 Acres

$$2.90/ sf

Prime location with outstanding visibility. 251 ft of Hwy 72 frontage.

Madison

Royal Drive

Picture

N/A

8.16 acres

$600,000

Zoned R-4 Multifamily

Florence

Cox Creek Parkway

Picture

N/A

2.76 Acres

$1,408,294.80

Vacant lot across from Regency Square Mall

Muscle Shoals

Woodward Ave

Picture

N/A

2.14 Acres

$298,000

Next to Fairgrounds. Retail only.

Muscle Shoals

Wilson Dam Highway (133)

N/A

100 x 285

$100,000

Next to Fred's

Muscle Shoals

Wilson Dam Highway (133)

N/A

76 x 285

$99,750

Next to Fred's

Florence

815 E. Tennessee Street

Picture

N/A

175 x 125

$79,900

Florence

Sweetwater Ave

N/A

1.19 Acre

$80,000

Next to Thomason Office Equip.

Muscle Shoals

Sportsplex Drive

Picture

N/A

9 Acres

$495,000

Florence

Cox Creek Parkway

Picture

N/A

2.74 Acres

$1,442,700

Next to SunTrust Bank and Best Buy

Florence

Sweetwater Avenue @ Hyw 72

Picture

N/A

2.59 Acres

$310,000



OFFICE
Area

Address

Picture

Building Size

Lot Size

List Price

Comments

Florence

216 - E S. Marengo St

1446

200x250

$1500

Former Dr. Can combine with unit D

Florence

216-E S. Marengo Street

1446

200/250

$125000

Dr's office. Can combine with Unit D. 1 Block from ECM.



DISCLAIMER: "All information furnished with respect to the subject matter has been obtained from sources deemed reliable.  No representation to warranty as to the accuracy thereof is made and such information is submitted subject to change in price, omissions, errors, prior sales, or withdrawal notice."

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