Multi-Tenant Medical
For Sale
Contact for pricing
207 Fob James Drive, Valley, AL 36854
Fully occupied outpatient facility with a diversified roster of healthcare and community-service occupants.
Property Size8,900 SF
Lot Size2.00 Acres
Price / SF$155.84
Days on Market87
Property Features for 207 Fob James Drive
General Information
Standard status
Active
Size
8,900 SF
Total Parking Spaces
54
Lot size
2.00 Acres
Property subtype
Retail, Office
Occupancy
100%
Lease Type
Modified Gross
Net Operating Income
$105,460
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Gross Income
$128,461
Building Details
Year Built
1994
Year Renovated
2009
Buildings
1
Stories
1
Units
4
Tenancy
Multi
Building Size
8,900 SF
Construction
brick and metal
Listing Agency:
Northmarq - Tulsa
Listed By:
Kelly Largent · License #TX
(918) 494-2690
Source:
Crexi
Added: Jul 21
Changed: Oct 15
Last Checked: Oct 14 at 8:11PM
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 Northmarq - Tulsa
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Investment Insights
Based on property information with market context.
Valley MOB is a single-story medical office property on 2 acres in Valley, Alabama. The 8,900-square-foot brick and metal building was completed in 1994 and expanded in 2009. The facility is fully occupied by Dr. Ivan L. Slavich III, Shelley Orthodontics, Enhabit Home Health, and A Step Above After School Care, creating a mix of medical, home health, orthodontic, and community-service uses.
All four leases use a modified gross structure and include annual rent escalations, with 2.83 years of weighted average lease term remaining. The property fronts Fob James Drive, approximately one mile south of Interstate 85, and is near Southern Union State Community College, Lakewood Senior Living, Valley Medical Park, and East Alabama Medical Center – Lanier. Kia Motors Manufacturing Georgia in West Point also supports the surrounding regional economy.
All four leases use a modified gross structure and include annual rent escalations, with 2.83 years of weighted average lease term remaining. The property fronts Fob James Drive, approximately one mile south of Interstate 85, and is near Southern Union State Community College, Lakewood Senior Living, Valley Medical Park, and East Alabama Medical Center – Lanier. Kia Motors Manufacturing Georgia in West Point also supports the surrounding regional economy.
Key Highlights
- 100% occupied medical office property with four tenants
- 8,900‑square‑foot single‑story brick and metal building
- 2‑acre site along Fob James Drive in Valley, Alabama
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
123
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 36854, AL
16,399
Population
7,761
Households
2.1
Avg Household Size
41
Median Age
19%
College-Educated
88%
High-School Grad
60.5 sq mi
ZIP Area
271
Density / Sq Mi
$60,385
Median Household Income
$37,589
Median Earnings
$1,021
Median Rent
$146,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Fully occupied outpatient facility with a diversified roster of healthcare and community-service occupants.
Where is this medical office space located?
The property is located at 207 Fob James Drive Valley, AL.
What is the asking price?
The asking price for this property is $1,387,000.
What are key features of this property?
This property features: 100% occupied medical office property with four tenants; 8,900‑square‑foot single‑story brick and metal building; 2‑acre site along Fob James Drive in Valley, Alabama
