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    1815 N Mckenzie St Foley, AL 36535

    Source: https://www.saltercompany.com
    For Lease
    $22 SF/Yr ($8,887 /Mo)

    Prime 4,740 SF medical office suite. Ideal for healthcare providers.

    Lot size:
    4,740 SF

    Description

    Added:
    Mar 18, 2025
    Days on Market:
    272
    This exceptional 4,740 square foot medical office space, located in Suite 150 at 1815 N McKenzie St, Foley, AL 36535, presents a unique opportunity for healthcare professionals. The freestanding building offers a prime location with convenient proximity to the South Baldwin Regional Medical Center, a facility currently undergoing a significant $300,000,000 expansion and renovation project. This substantial investment reinforces South Baldwin's position as the leading medical hub for the county. The space is available for lease under a NNN lease agreement, with an annual rate of $22.5 per square foot. The total usable square footage mirrors the rentable square footage at 4,740 square feet, providing ample room for a variety of medical practices. This property is perfect for practices seeking a modern, well-located space within a rapidly growing medical corridor. Serious inquiries are encouraged.

    Property Features for 1815 N Mckenzie St

    General Information

    Property type
    Other office properties
    Lease Type
    NNN
    RSF (Rentable sq. ft)
    4,740 SF
    USF (Usable sq. ft)
    4,740 SF
    Class
    C
    Elevators
    N/A
    Total Rate
    8887.5

    Building Details

    Year Built
    2002
    Buildings
    1
    Stories
    2

    HighLights

    • 4,740 square feet of prime medical office space available for lease.
    • Located in Foley, Alabama, near South Baldwin Regional Medical Center.
    • NNN lease; benefits from a $300 million medical center expansion.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Foley
    State
    Alabama
    Longitude
    -88.122725
    Latitude
    30.687259

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    FAQs

    What type of property is this?
    Office property - Prime 4,740 SF medical office suite. Ideal for healthcare providers.
    Where is this office property located?
    The property is located at 1815 N Mckenzie St Foley, AL.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: 4,740 square feet of prime medical office space available for lease.; Located in Foley, Alabama, near South Baldwin Regional Medical Center.; NNN lease; benefits from a $300 million medical center expansion.
    (251) 445-0989
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1815 N Mckenzie St Foley, AL 36535
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