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    OFF-MARKET
    Retail properties & Spaces

    1117 16Th Ave, Decatur, AL 35601

    4,500 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional 4,500 square foot Class A medical office space is ideally situated in Decatur, Alabama, within the M-C Medical Center District zoning. Located just two blocks from Decatur Morgan Hospital, this single-tenant building offers unparalleled convenience and accessibility for medical professionals and related businesses. The property boasts a generous 0.36-acre lot providing ample parking for patients and staff. The single-span building design offers significant flexibility for build-out and customization to meet specific tenant needs. The efficient interior layout maximizes usable space, creating a functional and welcoming environment. A key advantage is the landlord's willingness to provide substantial tenant improvement packages to qualified tenants, making this an attractive opportunity for those seeking a move-in ready space or significant customization options. The property is zoned for medical uses, including pharmacies, making it suitable for a wide range of healthcare providers. This prime location, combined with the building's features and the landlord's commitment to tenant satisfaction, presents a rare opportunity to establish or expand a successful medical practice in a thriving community. The address is 1117 16th Ave SE, Decatur, AL 35601.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 4,500 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Robertson Brian P Physician
    • Richard Sharp Physician
    • Robert Tapscott Physician
    • John Riehl Physician
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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