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2 N Jackson Street - The Business Center of Alabama, Montgomery, AL

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DetailMap
2 N Jackson Street - The Business Center of Alabama

Montgomery, AL 36104 - North Montgomery Submarket

(1.0 MB)

Property Type:Office Sub Type:- Status:Existing Year Built:1992
Stories:7 Typical Floor:6,632 SF Building Size:46,429 SF
% Leased:
For Sale Price:For Sale Price/SF:-
Cap Rate:-
Smallest Space:2,163 SF Largest Space:5,021 SF Total Space Avail:14,111 SF Rent/SF/Yr:
$17.50
Parking:Free Surface spaces are available; Ratio of 2.56/1,000 SF Amenities:24 Hour Availability, Atrium, Security System


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 2nd
5,021 SF
$17.50/SF/Yr
Vacant
Negotiable
Office
 4th
2,163 SF
$17.50/SF/Yr
Vacant
Negotiable
Office
 6th
2,391 SF
$17.50/SF/Yr
Vacant
Negotiable
Office
 7th
4,536 SF
$17.50/SF/Yr
Vacant
Negotiable
Office
 
4997377
3734887
11362271
9991167
Space Notes Space Notes  


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
2nd
5,021 SF
$17.50/SF/Yr
Vacant
Negotiable
Office
4th
2,163 SF
$17.50/SF/Yr
Vacant
Negotiable
Office
6th
2,391 SF
$17.50/SF/Yr
Vacant
Negotiable
Office
7th
4,536 SF
$17.50/SF/Yr
Vacant
Negotiable
Office
The property is a mid rise, 7-Story Office Building. Lobby features marble and granite tile and mahagoney wall panel and also Heliport and pilot's lounge are on building roof. the interion has Custom carpeting, upgraded ceilings, parabolic lighting, mahagoney base and trim. Professional designed cabinetry throughout. Panoramic views of the City and Capitol Complex. Easy access to all Government buildings.

Sale Notes:
Description for 2 N Jackson Street, Montgomery, AL 36104

Property tours will be available on April 25th and 26th and on May 2nd and 3rd by appointment. Please contact the listing broker to schedule a tour.

Investment Highlights:
• Ideal Downtown Location
• Montgomery, Alabama - A Beacon of the New South
• High quality office alternative
• Discounted pricing, low basis, well below replacement cost
• Dynamic transformation underway for Downtown
• Urban Residential Development Commences

Investment Overview:
Opportunity to acquire The Business Center of Alabama, a 46,454 SF premium Class A office building located in the heart of Montgomery’s Government District. The Business Center of Alabama provides an investor with a value-add opportunity at a highly attractive basis in an area benefiting from a true urban renaissance. Only blocks from the State Capital Complex of Alabama, the Federal Courthouse Complex and the city’s new Riverfront convention and entertainment district, The Business Center of Alabama is ideally positioned within the city band in the nexus of the city’s progressive redevelopment zone that has prompted a resurgence of new retail, dining, residential and entertainment venues.

Parking is provided on the site for a total of 50 cars, including 2 handicap spaces. The balance of the building parking is leased from the City of Montgomery (101 spaces) and the Associaton of County Commissions (18 spaces). The pavement is asphalt over a stabilized base with reinforced concrete curbs. Storm water flows via sheet flow to the storm drains located in the paved and landscaped areas.
Auctioneer Licensing Information
Ten-X Adrian Strelzow RE Brkr 000107846-0
Ten-X Mark Buleziuk Auction Firm 183

CBRE
Tony Swann
(404) 504-5920

  
Ten-X, LLC
Ten-X Commercial
(800) 793-6107

Brittany Degrassi
(949) 859-2777


Aronov Realty Management, Inc.
Scott Harris
(334) 244-2518



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