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100-300 Medical Center Drive Gadsden AL, Gadsden, AL 35903
Two medical office buildings totaling 100,453 SF near hospital.
Property Size100,453 SF
Price / SF$32.35
Days on Market373
Property Features for 100-300 Medical Center Drive Gadsden AL
General Information
Standard status
Active
Size
100,453 SF
Class
B
Property subtype
Office
Occupancy
52%
Lease Type
Modified Gross
Investment Type
Value Add
Building Details
Tenancy
Multi
Listing Agency:
Lincoln Holdings
Listed By:
Katy Lincoln · License #AL 100712
Source:
Crexi
Added: Aug 4, 2025
Changed: Aug 8
Last Checked: Aug 10 at 11:49AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lincoln Holdings
Investment Insights
Based on property information with market context.
Two on-campus medical office buildings at 100 & 300 Medical Center Drive offer an opportunity for acquisition. The buildings total 100,453 square feet and are adjacent to Gadsden Regional Medical Center in Gadsden, Alabama. The portfolio is 52% occupied, providing income with potential for increased value through lease-up, tenant improvements, and positioning within the regional healthcare ecosystem. The assets can be acquired below replacement cost, offering a compelling entry for investors seeking to create value. Market rents average $20–$22/SF Full Service, and the properties represent an investment with strong comparative fundamentals. The intended use of the property is for medical office space.
Key Highlights
- Rare opportunity: Two on‑campus medical office buildings totaling 100,453 square feet next to Gadsden Regional Medical Center.
- Significant upside: Lease‑up the currently 52% occupied space.
- Acquisition price below replacement cost.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
417
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 35903, AL
17,344
Population
8,338
Households
2.1
Avg Household Size
41
Median Age
16%
College-Educated
87%
High-School Grad
68.2 sq mi
ZIP Area
254
Density / Sq Mi
$50,063
Median Household Income
$35,361
Median Earnings
$823
Median Rent
$170,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Two medical office buildings totaling 100,453 SF near hospital.
Where is this medical office space located?
The property is located at 100-300 Medical Center Drive Gadsden AL Gadsden, AL.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: Rare opportunity: Two on‑campus medical office buildings totaling 100,453 square feet next to Gadsden Regional Medical Center.; Significant upside: Lease‑up the currently 52% occupied space.; Acquisition price below replacement cost.
