Offices at Midtown - Montgomery — Sale in Montgomery, AL
- Price: $8.9M
- Listing type: For sale
- Asset type: Office
- Location: Montgomery, AL 36109
Photos
Description
189k SF Office Park I Montgomery, AL I 70% Occupied I 10.5% Cap I $47.17 /SF CBRE has been retained by Larkspur Properties, LP (“Owner) as the exclusive representative to offer qualified investors the opportunity to acquire Offices at Midtown (“The Property”). The offer-ing consists of six garden style and two “high-tech” office buildings totaling 189,353 square feet of rentable area. Offices at Midtown represents a singular opportunity to purchase a multi-functional office park that has distinguished itself with its excellent condition and proximity to multiple submarkets including downtown. The property provides an efficient environment that adds value to its tenants. Accordingly, the property contains thirty-two (32) tenants anchored by Rheem Manufacturing Company (27,942/SF), Alabama Department of Mental Health (15,707/SF - administrative functions only) and Alabama Telecasters, Inc. (8,045/SF).
Market Context
This office in Montgomery, AL is listed for sale at $8,930,000. Compare it against other office listings for sale in Montgomery, AL — view the full market.
Contact
- Tony Swann · 404 504 5920 · tony.swann@cbre.com
- Michael MacDonald · 404 812 5162 · michael.macdonald1@cbre.com
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