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    FOR LEASE
    Medical Office Space

    3400 Highway 78 E, Jasper, AL 35501

    74,047 SF
    Property ID
    US03-1504763
    Property summary
    AI-generated overview

    The Walker Medical Arts Tower presents a unique investment opportunity in Walker County. This Class B medical office building, completed in 1979, offers +/- 74,047 square feet of versatile space, directly connected to Walker Baptist Medical Center. The building boasts five floors of premium medical office space, with suite sizes ranging from 983 to 8,208 square feet, and a total of 14 spaces currently available. A significant advantage is the inclusion of first-floor retail space, adding to the property's income potential and tenant diversity. The building's convenient location provides easy access for patients and staff. The minimum divisible space is 1,142 square feet, making it suitable for a variety of medical practices. Ample parking is available for tenants and visitors, addressing a key concern for medical facilities. The building's direct connection to Walker Baptist Medical Center provides significant synergy and potential for referrals. This property offers a strong foundation for growth and stability within a thriving medical community. The building's total square footage is approximately 74,047 square feet, with approximately 65,472 square feet dedicated to medical office space. This presents a compelling opportunity for both individual medical practices and larger healthcare organizations seeking a well-established presence in a high-demand area. The multiple tenancy structure allows for flexibility and diverse income streams.

    Property profile
    Verified
    Property type Medical Office Space
    Total area 74,047 SF
    UPID US03-1504763
    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
    • Seidel Plastic Surgery Physician Medical Clinic
    • Brian Stone, MD Physician Medical Clinic
    • Alan McCool, MD Physician Medical Clinic
    • Baptist Hospitalists - Walker Medical Clinic
    • Brookwood Baptist Health Specialty Care Network Neurology Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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