Montgomery Office Space Multi-Tenant Asset Montgomery Alabama

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Sands Investment Group is Pleased to Present Exclusively For Sale the 6,060 SF Montgomery Office Space Located at 5295 Vaughn Road in Montgomery, AL. This Deal Includes a Value-Add Office Space With Over 50% of the Suites Currently Vacant With Opportunity to More Than Double the NOI, Providing For a Unique Investment.

• Value-Add Office Space: With Over 50% of the Suites Currently Vacant, Opportunity to More Than Double the NOI
• Great Location: Sitting Just Off of a Hard Corner Location; This is Convenient to I-85 and All Areas of the City
• Well Below Replacement Cost: At $63.50/SF the Space is Far Below the Price of Any New Development
• No Deferred Maintenance: HVAC, Roof, Structure and Parking Lot Are All in Excellent Condition
• High Traffic Area: With Over 34,000 Vehicles Per Day Passing By the Property

BoR: Andrew Ackerman – Lic. AL #1089690

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Sands Investment Group is Pleased to Present the Office Building For Sale Located at 2567 Fairlane Drive in Montgomery, Alabama.

• Class B, Value-Add Office Opportunity
• 10 Minutes From Downtown Montgomery, Alabama
• Unique Value-Add Opportunity With 50% of Office Space Available
• Average Market Rent is $15.31 Per SQ/FT Annually (Current in Place Tenant Pays $10 Per SQ/FT)
• Turnkey Space of 17,023 SQ/FT Available in Unit 4 (See Rent Roll) – No Other Space Available of That Size Within 5-Miles
• Average Office Occupancy of 92.3% Within a 1-Mile Radius of the Property
• Over 2,800 Multi-Family Units Within Walking Distance (Average of 91.1% Occupied)
• Located Just South of Interstate 85 (88,360 VPD) at the Intersection of Highway 231 And Highway 82 (Combined 85,765 VPD)
• Large Lighted Parking Area With Over 200 Parking Spaces (4.5/1000 Parking Ratio) – With Additional Loading Dock
• Located in Affluent Area With Over 135,000 Residents Making an Average Household Income of $63,549 Within a 5-Mile Radius

In Cooperation with BoR: Andrew Ackerman – Lic. #C0001099750

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• Previously Holiday Inn Express Doing $1M in Sales Annually
• Recently Renovated Into Baymont Inn & Suites with PIP Completed
• Located 4 Miles from Montgomery City Center and 6 Miles from Alabama State University
• Property Amenities Include a Fitness Center, Business Center, Outdoor Pool and Meeting Rooms
• Sales Strong Through Winter Months
• Debt Available with 20% Down – Enhance Your Return