432 St Lukes Dr Montgomery, AL 36117
This exceptional investment opportunity presents a portfolio of five Class B medical office buildings totaling 7,856 square feet, situated on a 29,970 square foot lot in Montgomery, Alabama. The portfolio is 100% occupied by a single, high-quality tenant, Clearway Pain Solutions, a leading pain management practice with 43 locations across the Eastern United States. The lease commenced April 1, 2018, with a remaining term of approximately 7.4 years, expiring March 31, 2032. The buildings, constructed in 1997 and 2000, are located in a thriving office park adjacent to Baptist East Hospital, providing excellent visibility and accessibility. The convenient location offers proximity to Interstate 85 and ample shopping options. Each building features sufficient parking. The asking price for this portfolio is $10,500,000, translating to a price per square foot of $1,336.56. The property is zoned for commercial use and consists of single-story buildings. This represents a stable, high-yield investment opportunity in a desirable medical corridor. The buildings are well-maintained and benefit from a strong, long-term tenant with a proven track record. This is a rare opportunity to acquire a fully occupied, medical office portfolio with significant remaining lease term in a prime Montgomery location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.