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100 Medical Center Dr 57,966 SF 100% Leased Office Building Gadsden, AL 35903 $3,250,000 ($56.07/SF) 9.48% Cap Rate

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INVESTMENT HIGHLIGHTS

  • On-campus location: Directly connected to Gadsden Regional Medical Center, offering strong visibility and tenant synergies.
  • Value creation: Flexible lease terms and vacant space create a near-term opportunity to increase occupancy and improve cash flow.
  • Low basis: Acquire on campus medical significantly below comparable development or acquisition costs in the medical office space
  • Community impact: Positioned to support healthcare delivery in a rural and medically underserved region, aligning with ESG and mission-driven capital.

EXECUTIVE SUMMARY

100 & 300 Medical Center Drive will be sold together. The list price is $3.25 M. In place NOI for the portfolio is a 9.5% cap rate. At 52% occupancy with good market momentum, there is a significant opportunity to create value and drastically increase returns and cash flows with this acquisition. Both buildings total 100,453 SF. This is your chance to purchase on campus medical office for $32.50/SF.

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment
Sale Condition
Bulk/Portfolio Sale
Property Type
Office
Property Subtype
Medical
Building Size
57,966 SF
Building Class
B
Year Built
1992
Price
$3,250,000
Price Per SF
$56.07
Cap Rate
9.48%
NOI
$308,000
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
11,593 SF
Building FAR
3.41
Lot Size
0.39 AC
Zoning
O-1 - Office District
Parking
124 Spaces (2.14 Spaces per 1,000 SF Leased)

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Health Care and Social Assistance
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

Gadsden Regional Medical Center is a 346-bed acute care hospital with inpatient and outpatient care. They are accredited by the Joint Commission and certified in hip and knee replacements. They have recognized programs in cardiology, pulmonology, sleep medicine, and stroke services. They believe in the power of people to create great care. They're nearly 2,000 healthcare professionals strong, and they work hard every day to be a place of healing, caring and connection for patients and families in Gadsden, Albertville, Attalla, Boaz, Fort Payne, Glencoe, Hokes Bluff, Jacksonville, Leesburg, Piedmont, Rainbow City, Southside, Steele, Wellington and surrounding communities.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Health Care and Social Assistance - - Lorem Ipsum Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 15-01-12-0-001-064.000
  • 15-01-12-0-001-065.001
  • 15-01-12-0-001-065.000
Land Assessment
$13,820
Improvements Assessment
$1,241,960
Total Assessment
$1,255,780
  • Listing ID: 39062127

  • Date on Market: 1/13/2026

  • Last Updated:

  • Address: 100 Medical Center Dr, Gadsden, AL 35903

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