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Medical Office Portfolio
For Sale
$10,500,000

448 488 432 St. Lukes Dr., Montgomery, AL 36117

Commercial Sale, Montgomery, AL

Property SizeContact for details
Days on Market431

Property Features for 448 488 432 St. Lukes Dr.

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Subdivision Center for Pain of Montgomery
Standard status Active
Listing Agency: John Hall And Company
Listed By: John E. Hall, Jr.
Added: Jul 18, 2025 Changed: Sep 4 Last Checked: Sep 21 at 9:06AM
MLS# 11540091

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This medical office portfolio comprises five buildings occupied and guaranteed by Clearway Pain Solutions. The properties are distributed across Montgomery and Troy, Alabama, creating a healthcare-focused grouping within two established medical markets.

Three buildings are situated near the Baptist East Hospital campus in Montgomery, while another is near the Jackson Hospital campus. The fifth property is located near Troy Regional Medical Center in Troy. The Montgomery addresses include 448, 488, and 432 St. Lukes Dr., Montgomery, AL 36117.

Key Highlights

  • Five medical office buildings with Clearway Pain Solutions as tenant and guarantor
  • Three properties located near the Baptist East Hospital campus in Montgomery
  • One Montgomery property located near the Jackson Hospital campus

Property Analytics

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Current Use

Medical Office Space

Location Intelligence

Trade Area within ½ mile

949
Businesses Nearby
Balanced
Demand for This Use

Demographics for 36117, AL

53,172
Population
24,181
Households
2.2
Avg Household Size
38
Median Age
46%
College-Educated
94%
High-School Grad
53.3 sq mi
ZIP Area
998
Density / Sq Mi
$72,237
Median Household Income
$44,980
Median Earnings
$1,209
Median Rent
$225,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Multi-property medical office offering with healthcare-campus proximity across Montgomery and Troy.
Where is this medical office space located?
The property is located at 448 488 432 St. Lukes Dr. Montgomery, AL.
What is the asking price?
The asking price for this property is $10,500,000.
What are key features of this property?
This property features: Five medical office buildings with Clearway Pain Solutions as tenant and guarantor; Three properties located near the Baptist East Hospital campus in Montgomery; One Montgomery property located near the Jackson Hospital campus
More about this property
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