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Five-Building Medical Office Portfolio
For Sale
$10,500,000

448 488 432 St. Lukes Dr., Montgomery, AL 36117

COMMERCIAL - Montgomery, AL

Property SizeContact for details
Days on Market402

Property Features for 448 488 432 St. Lukes Dr.

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Subdivision Center for Pain of Montgomery
Standard status Active
Listing Agency: John Hall And Company
Listed By: John E. Hall, Jr.
Added: Jul 18, 2025 Changed: Aug 4 Last Checked: Aug 23 at 12:06AM
MLS# 11540091

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This offering comprises five medical office buildings associated with Clearway Pain Solutions, which serves as tenant and guarantor. The properties are located in Montgomery and Troy, Alabama, forming a multi-property healthcare real estate portfolio.

Three buildings are situated near the Baptist East Hospital campus in Montgomery, while another is near the Jackson Hospital campus. The fifth property is near Troy Regional Medical Center in Troy. Montgomery addresses identified for the portfolio include 432, 448, and 488 St. Lukes Dr., Montgomery, AL 36117.

Key Highlights

  • Five medical office buildings in Montgomery and Troy, Alabama
  • Clearway Pain Solutions identified as tenant and guarantor
  • Three properties located near the Baptist East Hospital campus

Property Analytics

Current Use

Medical Office Space

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

949
Businesses Nearby
Balanced
Demand for This Use

Demographics for 36117, AL

53,172
Population
24,181
Households
2.2
Avg Household Size
38
Median Age
46%
College-Educated
94%
High-School Grad
53.3 sq mi
ZIP Area
998
Density / Sq Mi
$72,237
Median Household Income
$44,980
Median Earnings
$1,209
Median Rent
$225,900
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
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Clearway Pain Solutions is identified as tenant and guarantor across the medical office portfolio.
Where is this medical office space located?
The property is located at 448 488 432 St. Lukes Dr. Montgomery, AL.
What is the asking price?
The asking price for this property is $10,500,000.
What are key features of this property?
This property features: Five medical office buildings in Montgomery and Troy, Alabama; Clearway Pain Solutions identified as tenant and guarantor; Three properties located near the Baptist East Hospital campus
More about this property
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