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Urgent Care Medical Office
For Sale
Contact for pricing
Pending

3116 Parliament Circle, Montgomery, AL 36116

Newly constructed healthcare facility leased to a regional urgent care operator with more than 65 locations.

Property SizeContact for details
Days on Market141

Property Features for 3116 Parliament Circle

General Information

Standard status Pending
Property subtype Office
Listing Agency: NorthMarq - Newport Beach
Listed By: Brett Butler · License #TX 558227
Source: Crexi
Added: Apr 13 Changed: Aug 29 Last Checked: Aug 29 at 7:05PM

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 - Newport Beach

Investment Insights

Based on property information with market context.

This fee-simple medical office property includes a newly constructed 3,584-square-foot urgent care facility on 0.99 acres. Rural Urgent Care, LLC, operating as MainStreet Urgent Care, occupies the building under a new long-term lease. The lease has 15 years remaining through January 2040, includes four additional five-year renewal options, and provides 100% reimbursement of operating expenses, including roof and structural maintenance and repairs. Base-term and renewal-period rent increases are set at 10% every five years.

The property has direct frontage on Vaughn Road, a major east-west route carrying more than 30,000 vehicles per day. It is adjacent to a CVS Pharmacy and near Festival Plaza, Sturbridge Village Shopping Center, and The Shoppes at Eastchase. Reported annual visits to those centers are 1.8 million, 1.1 million, and 3.5 million, respectively. The property is located at 3116 Parliament Circle in Montgomery, Alabama.

Key Highlights

  • Newly constructed 3,584‑square‑foot urgent care facility on 0.99 acres
  • 15 years of lease term remaining, extending through January 2040
  • 100% reimbursement of operating expenses, including roof and structural maintenance and repairs

Property Analytics

Current Use

MainStreet Family Care Medical Clinic KidsStreet Urgent Care Medical Clinic

Suggested Use

Top Pick Building Supply Auto Repair Shop Auto Parts Store Big Box & Wholesale Store Parking Lot & Garage Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

670
Businesses Nearby
Well-served
Demand for This Use

Demographics for 36116, AL

43,840
Population
20,007
Households
2.2
Avg Household Size
35
Median Age
33%
College-Educated
91%
High-School Grad
53.4 sq mi
ZIP Area
821
Density / Sq Mi
$53,973
Median Household Income
$33,039
Median Earnings
$1,056
Median Rent
$137,000
Median Home Value

Market

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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Similar Off Market Nearby

  • Veterinary Medical Exam Board 8100 Seaton Pl Suite A, Montgomery, AL 36116
  • Your Veterinarian in Montgomery, AL Call us at 334-277-1101 8424 Vaughn Rd, Montgomery, AL 36117
  • EAST MONTGOMERY ANIMAL HOSPITAL 8424 vaughn rd, montgomery, al 36117
  • Montgomery Veterinary Associates: Aman Frank DVM 8401 Vaughn Rd, Montgomery, AL 36117
  • Montgomery Veterinary Associates: Farris Siggi DVM 8401 Vaughn Rd, Montgomery, AL 36117

Frequently Asked Questions

What type of property is this?
Medical Office Space - Newly constructed healthcare facility leased to a regional urgent care operator with more than 65 locations.
Where is this medical office space located?
The property is located at 3116 Parliament Circle Montgomery, AL.
What are key features of this property?
This property features: Newly constructed 3,584‑square‑foot urgent care facility on 0.99 acres; 15 years of lease term remaining, extending through January 2040; 100% reimbursement of operating expenses, including roof and structural maintenance and repairs
(949) 270-3690 Call to check price and availability
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