Single-Tenant Office
For Sale
Contact for pricing
150 Executive Park Ln, Selma, AL 36701
Renovated one-story office property occupied by a government field office under a long-term lease.
Property Size13,421 SF
Lot Size2.28 Acres
Days on Market144
Property Features for 150 Executive Park Ln
General Information
Standard status
Active
Size
13,421 SF
Lot size
2.28 Acres
Property subtype
Office
Additional Details
Cap Rate
8%
Building Details
Year Built
2003
Year Renovated
2018
Buildings
1
Stories
1
Building Size
13,421 SF
Construction
brick
Tenancy
Single
Listing Agency:
Crye-Leike Commercial
(770) 209-1700
Listed By:
Matthew Levin · License #19351
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 8:54AM
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 Crye-Leike Commercial
Investment Insights
Based on property information with market context.
This single-tenant office investment comprises a 13,421-square-foot, one-story brick building completed in 2003 and substantially renovated in 2018. The facility serves as a Social Security Administration field office and was developed for that occupancy. The 2.28-acre site provides room for expansion.
The lease runs through November 11, 2033, with a firm term ending November 11, 2028. The agreement allows early termination after the firm period. Operating expenses are reimbursed through an annual formula, while property-tax increases above a base year are also passed through. A renovation-related repayment continues through May 2029. The property is located in Selma, Alabama, approximately 50 miles east of Montgomery and 80 miles south of Birmingham.
The lease runs through November 11, 2033, with a firm term ending November 11, 2028. The agreement allows early termination after the firm period. Operating expenses are reimbursed through an annual formula, while property-tax increases above a base year are also passed through. A renovation-related repayment continues through May 2029. The property is located in Selma, Alabama, approximately 50 miles east of Montgomery and 80 miles south of Birmingham.
Key Highlights
- 13,421‑square‑foot single‑story brick office building
- Constructed in 2003; substantially renovated in 2018
- Occupied by the Social Security Administration as a field office
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
104
Businesses Nearby
Explore this area
Business Placement
Demographics for 36701, AL
21,448
Population
10,390
Households
2.1
Avg Household Size
42
Median Age
21%
College-Educated
91%
High-School Grad
277.3 sq mi
ZIP Area
77
Density / Sq Mi
$40,466
Median Household Income
$28,852
Median Earnings
$823
Median Rent
$111,000
Median Home Value
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Renovated one-story office property occupied by a government field office under a long-term lease.
Where is this office building located?
The property is located at 150 Executive Park Ln Selma, AL.
What are key features of this property?
This property features: 13,421‑square‑foot single‑story brick office building; Constructed in 2003; substantially renovated in 2018; Occupied by the Social Security Administration as a field office
