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Two-Story GSA-Leased Office Building
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4344 Carmichael Road, Montgomery, AL 36106

Two-story office building constructed in 2008, fully leased by the GSA with Social Security Administration as sole tenant.

Property Size49,370 SF
Lot Size4.10 Acres
Days on Market125

Property Features for 4344 Carmichael Road

General Information

Standard status Active
Size 49,370 SF
Class A
Total Parking Spaces 244
Lot size 4.10 Acres
Property subtype Office
Zoning Commercial
Occupancy 100%
Lease Type Modified Gross
Investment Type Stabilized

Additional Details

Highway Access Yes

Building Details

Year Built 2009
Buildings 1
Stories 2
Units 244
Tenancy Single
Listing Agency: JLL - Atlanta, Georgia
Listed By: Isabel Eiler · License #421291
Source: Crexi
Added: May 5 Changed: Sep 4 Last Checked: Sep 3 at 3:13AM

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 JLL - Atlanta, Georgia

Investment Insights

Based on property information with market context.

The Asset is a two-story office building constructed in 2008 and totaling 49,370 square feet. The property is 100% leased by the GSA, with the Social Security Administration as the sole tenant since 2013. The building is presented as a secure acquisition with in-place cash flow backed by a U.S. government lease.

Located on 4.10 acres in Montgomery, Alabama, the property sits within the US-231 / US-80 / I-85 corridor, just south of I-85 and east of downtown Montgomery. The address is 4344 Carmichael Road, and the site benefits from convenient ingress and egress given its proximity to I-85 and US-231.

Key Highlights

  • 49,370 SF two‑story office building built in 2008 on 4.10 acres
  • 100% leased by the GSA, with Social Security Administration as the sole tenant
  • Sole‑tenant occupancy by SSA reported since 2013

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Electrical Service HVAC Service Big Box & Wholesale Store Building Supply

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,032
Businesses Nearby

Demographics for 36106, AL

15,438
Population
7,236
Households
2.1
Avg Household Size
39
Median Age
51%
College-Educated
96%
High-School Grad
6.2 sq mi
ZIP Area
2,490
Density / Sq Mi
$71,202
Median Household Income
$40,398
Median Earnings
$1,138
Median Rent
$207,400
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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Frequently Asked Questions

What type of property is this?
Office building - Two-story office building constructed in 2008, fully leased by the GSA with Social Security Administration as sole tenant.
Where is this office building located?
The property is located at 4344 Carmichael Road Montgomery, AL.
What are key features of this property?
This property features: 49,370 SF two‑story office building built in 2008 on 4.10 acres; 100% leased by the GSA, with Social Security Administration as the sole tenant; Sole‑tenant occupancy by SSA reported since 2013
More about this property
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