Under-Rented Medical Office
For Sale
Contact for pricing
1690 Beltline Rd SW, Decatur, AL 35601
Medical office property for sale with agent-escorted showings and current under-rent versus indicated market demand.
Property SizeContact for details
Days on Market122
Property Features for 1690 Beltline Rd SW
General Information
Standard status
Active
Property subtype
Office
Additional Details
Cap Rate
4%
Listing Agency:
Leading Edge Real Estate Group
Listed By:
David Trueb · License #AL
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 20 at 8:53PM
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 Leading Edge Real Estate Group
Investment Insights
Based on property information with market context.
A medical office property offered for sale with low overhead and minimal maintenance. Agent escorted appointments are required due to privacy rights of the current medical services tenant.
The property is located at 1690 Beltline Rd SW in Decatur, AL. Current rent is approximately $1.05 per square foot per month (about $12.50 per square foot per year), and the property is described as under-rented by an approximate minimum of 20%, with indicated market demand in the range of $14 to $19 per square foot per year. The remarks also reference approximately $75,000 in gross income and approximately $63,000 in NOI.
The property is located at 1690 Beltline Rd SW in Decatur, AL. Current rent is approximately $1.05 per square foot per month (about $12.50 per square foot per year), and the property is described as under-rented by an approximate minimum of 20%, with indicated market demand in the range of $14 to $19 per square foot per year. The remarks also reference approximately $75,000 in gross income and approximately $63,000 in NOI.
Key Highlights
- Medical office property with agent‑escorted appointments only for showings due to tenant privacy rights
- Investment pricing references: 4.0 cap rate and approx 20% cash‑on‑cash annual return at 20% down
- Approx $75K gross income and approx $63K NOI
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
199
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in South region
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Similar Off Market Nearby
- Dr. Kelly B. Griffith — 2505 Danville Rd SW, Decatur, AL 35603
- Osborne Animal Clinic — 914 Beltline Rd SW, Decatur, AL 35601
Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office property for sale with agent-escorted showings and current under-rent versus indicated market demand.
Where is this medical office space located?
The property is located at 1690 Beltline Rd SW Decatur, AL.
What are key features of this property?
This property features: Medical office property with agent‑escorted appointments only for showings due to tenant privacy rights; Investment pricing references: 4.0 cap rate and approx 20% cash‑on‑cash annual return at 20% down; Approx $75K gross income and approx $63K NOI
