Just Sold: 4,209 SF Office Property in Killen, AL Sells for $1.31M

Just Sold: 4,209 SF Office Property in Killen, AL Sells for $1.31M

Just Sold: 4,209 SF Office Property in Killen, AL Sells for $1.31M

Denver, CO – December 12, 2022 – NorthPeak Commercial Advisors, LLC is pleased to announce the sale of 1367 Hwy 72, Killen, AL 35645.

Kevin Calame and Matt Lewallen of NorthPeak Commercial Advisors represented the buyer in this transaction.

“The Buyer purchased this asset with the remaining funds from their 1031 Exchange. They moved their investment from an office building that required a lot of attention to a completely passive absolute NNN investment, while also enjoying a much higher return on their equity.” 

– Kevin Calame, NorthPeak Commercial Advisors.

For more information on this investment or current market conditions, please contact Kevin Calame at 303-263-6260 or Kevin@NorthPeakCRE.com.

SALE HIGHLIGHTS

  • Address: 1367 Hwy 72, Killen, AL 35645
  • Sale Price: $1,315,313
  • Closed Date: December 2, 2022
  • Property Size: 4,209 SF ($312/SF)
  • Property Type: Office