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Montgomery Medical Office Investment Opportunity
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432 and 448 St Lukes Dr, Montgomery, AL 36117

Four Class B office buildings, 100% occupied, investment opportunity.

Property SizeContact for details
Days on Market1009

Property Features for 432 and 448 St Lukes Dr

General Information

Standard status Active
Property subtype Office
Zoning Commercial

Building Details

Year Built 2000
Stories 1
Tenancy Single
Listing Agency: John Hall & Company
Listed By: John Hall · License #AL 000058956
Source: Crexi
Added: Nov 29, 2023 Changed: Aug 8 Last Checked: Sep 2 at 2:59AM

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 John Hall & Company

Investment Insights

Based on property information with market context.

This offering presents the opportunity to acquire an investment property consisting of four Class B, single-tenant office buildings. The buildings are 100% occupied and located in the rapidly growing eastern portion of the Montgomery, Alabama Metropolitan Statistical Area (MSA). An additional building is located on Troy Highway. The Center for Pain is ideally located adjacent to Baptist East Hospital.

Key Highlights

  • 100% Occupied: Provides immediate and consistent income stream
  • Single‑Tenant: Simplifies management and reduces tenant‑related complexities
  • Class B Office Buildings: Offers a balance of quality and value

Property Analytics

Current Use

Medical Office Space

Location Intelligence

Trade Area within ½ mile

36
Businesses Nearby
Under-served
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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Four Class B office buildings, 100% occupied, investment opportunity.
Where is this medical office space located?
The property is located at 432 and 448 St Lukes Dr Montgomery, AL.
What is the asking price?
The asking price for this property is $10,400,000.
What are key features of this property?
This property features: 100% Occupied: Provides immediate and consistent income stream; Single‑Tenant: Simplifies management and reduces tenant‑related complexities; Class B Office Buildings: Offers a balance of quality and value
(334) 270-8400 Call to check price and availability
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