2735 Office Park Cir Montgomery, AL 36116
- Office Properties & Spaces
- 11,800 SF
- 1.01 lot acres
Current Use by Public Records
- Freedom Home Care / Adult Day Care Center / Nursing Agency
- JTS Financial Solutions / Financial Consultant
Property Details for 2735 Office Park Cir
- Year built
- 2004
- Lot size
- 1.01 lot acres
- Property size
- 11,800 SF
- Property type
- Office Properties & Spaces
Description
This exceptional investment opportunity presents a 11,800 square foot, Class C, multi-tenant office building located at 2735 Office Park Cir, Montgomery, Alabama 36116. Built in 2004, the property sits on a 1.01-acre lot and boasts a 100% occupancy rate, generating a strong Net Operating Income (NOI) of $111,865 and an attractive 8.95% cap rate. The asking price is $1,250,000, translating to $105.93 per square foot. The property is zoned O-1 and enjoys a prime central Montgomery location with easy access and ample parking. Its strategic position offers proximity to major retail centers, including Winn Dixie, Tuesday Morning, Dollar Tree, Olive Garden, Arby's, Chick-Fil-A, TJ Maxx, Office Depot, Home Depot, Party City, Conn's, and more, all within a half-mile radius. Convenient access to Vaughn Road and its traffic light, as well as its proximity (0.4 miles) to Eastern Blvd & Vaughn Road and (1.2 miles) to I-85, further enhances its appeal. This well-maintained building presents a compelling investment opportunity for those seeking a stable, high-performing asset in a thriving commercial area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Montgomery
- County
- Montgomery
- State
- Alabama
- Longitude
- -86.2183
- Latitude
- 32.3435
