270 Interstate Hwy Park Loop, Prattville, AL 36066
Office building in growing retail corridor with easy highway access.
- Added:
- Apr 11, 2024
- Days on Market:
- 794
- Last Refresh:
- May 12 at 9:46 pm
Property Features for 270 Interstate Hwy Park Loop
General Information
- Standard status
- Active
- Size
- 8,125 SF
- Property subtype
- Office
Building Details
- Year Built
- 2000
Listing agent Jon Masters License #AL 000110883
Listing office Moore Company Realty
Listing date Apr 11, 2024
Source Crexi
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 Moore Company Realty
HighLights
- Located in Prattville's fastest‑growing retail corridor.
- Easy accessibility with ample parking.
- Proximity to I‑65 (±0.3 miles).
- Located in Prattville, Alabama, the 12th largest city in Alabama.
- Prattville's population is growing (1.03% annually).
- Proximity to Marriott Legends Conference Center and Robert Trent Jones Capitol Hill Golf Course (±3.4 miles).
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $146.3k | $18.00 |
| − Vacancy | −$26.3k | −$3.24 |
| EGI | $119.9k | $14.76 |
| − OpEx | −$30.0k | −$3.69 |
| NOI | $89.9k | $11.07 |
Alternative Uses
Current Use by Public Records
Map
- City
- Prattville
- County
- Autauga
- State
- Alabama
- Longitude
- -86.4129
- Latitude
- 32.4989
