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Office Suites with Dedicated Parking
New
For Lease
$14 SF/Yr

123 Lee St NE, Decatur, AL 35601

Office accommodations feature a lobby, natural light, and dedicated parking.

Space Size5,560 SF
Days on Market1

Property Features for 123 Lee St NE

General Information

Standard status Active
Size 5,560 SF
Class A
Property subtype Office - General Office

Additional Details

Space Use Office

Amenities

dedicated parking
security features
stylish lobby

Building Details

Building Size 5,560 SF
Year Built 1995
Units 2

Spaces For Lease

at 123 Lee St NE
B $14/SF/Yr
Floor 1
Size 5,560 SF
Type General Office
Lease Type NNN
Availability Immediate
Sublease No
Renewal Option Yes
Contact us
Listing Agency: Gateway Commercial Brokerage
Listed By: Gene Hamilton · License #000021496
Source: Commercialcafe
Added: Oct 4 Last Checked: Oct 4 at 2:04PM

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 Gateway Commercial Brokerage

Investment Insights

Based on property information with market context.

Office units in a 1995-built property offer natural light, a lobby, and dedicated parking. Security features are also present, and the building is available for lease.

The property at 123 Lee St NE is within walking distance of the Morgan County Courthouse. Historic downtown Decatur and Point Mallard Park are also identified as nearby destinations, with access to major roadways noted.

Key Highlights

  • Office units in a building constructed in 1995
  • Dedicated parking and building security features
  • Natural light and a lobby

Property Analytics

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Current Use

Morgan Keegan & Co Financial Advisor Bayley Kornemann - Raymond ... Financial Advisor Edwards Law Offices Law Firm

Suggested Use

Top Pick Dental Office Parking Lot & Garage Pharmacy Kitchen & Bath Showroom Bakery Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,028
Businesses Nearby

Demographics for 35601, AL

34,958
Population
15,168
Households
2.3
Avg Household Size
38
Median Age
18%
College-Educated
77%
High-School Grad
26.5 sq mi
ZIP Area
1,319
Density / Sq Mi
$50,216
Median Household Income
$33,438
Median Earnings
$860
Median Rent
$148,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Decatur, AL

$9.94 /SF/Yr
Avg Asking Price
$2.42–$18 /SF/Yr
Price Range
8,468 SF
Avg Space Size

This space is priced 41% above the average of $9.94 /SF/Yr.

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?
Office units - Office accommodations feature a lobby, natural light, and dedicated parking.
Where is this office units located?
The property is located at 123 Lee St NE Decatur, AL.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Office units in a building constructed in 1995; Dedicated parking and building security features; Natural light and a lobby
More about this property
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