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Portfolio of 5 Medical Offices 4 Office Properties Offered at $10,400,000 in Multiple Locations
INVESTMENT HIGHLIGHTS
- Adjacent to hospital campuses.
- Easy access from I-85 on Montgomery Buildings and Hwy 231 on Troy building.
EXECUTIVE SUMMARY
John Hall & Company is pleased to present the opportunity to purchase an exclusive NNN investment that is leased by the Center for Pain (Clearway Pain Solutions). Improvements consist of five, Class B, 100% occupied, single-tenant office buildings located in Montgomery, AL and Troy, AL The Center or Pain is ideally located adjacent to Baptist East Hospital and Jackson Hospital Campuses. The office buildings are in good condition. The Troy, AL location is a few miles from the hospital.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL |
|---|---|
| Gross Rental Income |
-
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
-
|
| Net Operating Income |
$99,999
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
PROPERTY FACTS
| Price | $10,400,000 | Status | Active |
| Price / SF | $428.07 / SF | Number of Properties | 4 |
| Sale Condition | 1031 Exchange | Individually For Sale | 0 |
| Cap Rate | 6.87% | Total Building Size | 24,295 SF |
| Sale Type | Investment | Total Land Area | 3.52 AC |
| Price | $10,400,000 |
| Price / SF | $428.07 / SF |
| Sale Condition | 1031 Exchange |
| Cap Rate | 6.87% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 24,295 SF |
| Total Land Area | 3.52 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
The Center for Pain
488 St Lukes Dr, Montgomery, AL 36117 |
Office | 8,442 SF | 1997 | - |
| 2101 Chestnut St, Montgomery, AL 36106 | Office | 4,940 SF | 1987 | - |
|
The Center for Pain
432 & 448 St Lukes, Montgomery, AL 36117 |
Office | 4,000 SF | 1990 | - |
| 13285 US Highway 231, Troy, AL 36081 | Office | 6,913 SF | 1980 | - |
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Portfolio of 5 Medical Offices
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