518 15th St E · Suite 202

What it costs to occupy

Base rent is fixed over the initial term. The NNN figures are estimates based on current operating costs and are not a representation of future expense — real estate taxes, insurance and CAM are reconciled to actual cost. The tenant’s pro-rata share is ±26.7% (1,060 SF of an owner-reported 3,970 SF center); final square footage and pro-rata share will be fixed in the executed lease.

Floor plan

Entry and waiting area at the storefront (5′8″ deep), an open work area (17′5″), a break area (8′11″) and two existing restrooms. The build-out was designed by Ellis Architects; the architectural plans are on file and available on request, which gives a tenant making modest changes a head start on design and permitting. Dimensions are approximate and taken from the plan — ask for a test fit against your own headcount, offices, conference and file-storage needs.

Terms and delivery

Initial term

Five (5) years, with base rent fixed over the initial term.

Renewal

Negotiable. The owner will consider one to two five-year options; any option terms are fixed in the executed lease.

Pro-rata share

±26.7% of real estate taxes, insurance and CAM — 1,060 SF of an owner-reported 3,970 SF center. Fixed in the executed lease.

Tenant responsibilities

Its own architecture, the construction of its improvements, and its signage.

Signage

Building fascia signage plus an available panel on the center’s pylon at the street, subject to owner approval and to applicable City of Tuscaloosa sign regulations. Fabrication and installation are the tenant’s.

Improvement allowanceLOI item

The offering materials do not state an allowance. If you need one, put the amount and the scope of work in your letter of intent.

Delivery conditionLOI item

Not yet established. The suite is occupied through October 31, 2026. What the current tenant removes, what remains, the condition of building systems, the repair obligations on delivery, and whether any of the furniture, equipment or signage in the photographs conveys are all open — settle them in the letter of intent rather than assuming either way.

CommencementLOI item

Whether lease commencement, possession and rent commencement fall on the same date is a term to propose in your letter of intent.

ParkingLOI item

A paved field directly in front of the storefront line, shared across the center. The offering materials state no stall count, parking ratio or allocation, and the center restricts uses with high parking demand — ask for the count and any allocation, and confirm it against your own employee and visitor volume, before signing.

Use restrictions

The center carries existing use restrictions that run in favour of current tenants. Confirm your intended use against these before signing a letter of intent. The following uses are not permitted:

• ×Any use offering or selling sandwiches of any kind — traditional or rolled, pre-made or made to order, for on- or off-premises consumption (a restriction associated with Jimmy John’s)
• ×Any cell phone provider, and any use offering or selling cellular telephones or associated accessories (a restriction associated with Cricket Wireless)
• ×Any use with high parking demand relative to the center’s parking field

Location and corridor

15th Street East is a primary east-west commercial corridor connecting downtown Tuscaloosa and the University of Alabama to McFarland Boulevard (US-82). The center sits between Hillard Drive and the McFarland interchange. Surrounding uses are national and regional service retail rather than big-box, which gives the corridor steady daytime volume and keeps the center’s parking field available to its own tenants.

Traffic

34,500–34,900 vehicles per day on 15th St E (ALDOT, 2025)

DCH Regional Medical Center

Within approximately one mile, per the offering memorandum

University of Alabama

Within approximately one mile, per the offering memorandum

McFarland Blvd (US-82)

East along 15th Street to the interchange

Site

0.4051 acres with 188.24 ft of frontage on 15th St E (recorded plat 2015/110)

Zoning and flood

MX-3, City of Tuscaloosa · FEMA Flood Zone X (minimal risk)

Utilities

Public water and sewer · AT&T Fiber (to 5 Gig) and Xfinity available

Approvals and the letter of intent

MX-3 zoning does not by itself establish that a given professional-service use is permitted without conditions. Before you commit, confirm where responsibility sits for owner approval, the center’s use restrictions, zoning, building permits, business licensing, signage approval and any occupancy approval — the offering materials settle only that the tenant carries its own architecture, the construction of its improvements, and its signage. A letter of intent is the right place to settle the rest:

• •Proposed tenant entity, and the intended use in specific terms
• •Term, possession date, lease commencement and rent commencement
• •Requested improvement allowance, if any, and who performs the work
• •Delivery condition, and what the current tenant leaves behind
• •Renewal options and any option rent
• •Signage — fascia, pylon panel, and who pays for fabrication
• •Expected employee and visitor parking demand
• •Guaranty and security deposit
• •Broker representation, if you are represented

Cooperating brokers

Cooperating brokers are welcome. Compensation is negotiable, is documented outside any multiple listing service, and requires a written co-brokerage agreement with Harwood Real Estate, LLC — it is not offered through an MLS and is not created by scheduling a tour. When you enquire, please include your client’s intended use, the agency relationship, and any proposed terms.