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671 S Perry Street, Montgomery, AL

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DetailMap
671 S Perry Street

Montgomery, AL 36104 - Downtown Montgomery Submarket


Property Type:Office Sub Type:- Status:Existing Year Built:1977
Stories:5 Typical Floor:4,871 SF Building Size:24,355 SF
% Leased:
For Sale Price:For Sale Price/SF:-
Cap Rate:-
Smallest Space:4,871 SF Largest Space:24,355 SF Total Space Avail:24,355 SF Rent/SF/Yr:
$13.91
Parking:Free Surface spaces are available; Ratio of 4.14/1,000 SF


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
4,871 SF
$13.91/SF/Yr
Vacant
Negotiable
Office
 2nd
4,871 SF
$13.91/SF/Yr
Vacant
Negotiable
Office
 3rd
4,871 SF
$13.91/SF/Yr
Vacant
Negotiable
Office
 4th
4,871 SF
$13.91/SF/Yr
Vacant
Negotiable
Office
 5th
4,871 SF
$13.91/SF/Yr
Vacant
Negotiable
Office
 
10792159
10792158
10199133
10792156
10792157
Floor Plan
  
Space Notes Space Notes  


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
4,871 SF
$13.91/SF/Yr
Vacant
Negotiable
Office
2nd
4,871 SF
$13.91/SF/Yr
Vacant
Negotiable
Office
3rd
4,871 SF
$13.91/SF/Yr
Vacant
Negotiable
Office
4th
4,871 SF
$13.91/SF/Yr
Vacant
Negotiable
Office
5th
4,871 SF
$13.91/SF/Yr
Vacant
Negotiable
Office

Sale Notes:
Property tours are available by appointment ONLY. Please contact Scott Harris to schedule at scott.harris@aronov.com or 334-244-2518.

Investment Highlights:
• Value-Add Opportunity With Tremendous Upside And Flexibility
• ±24,355 GLA With Either Single Or Multi-Tenant Configuration (±4,871 SF Floor Plates)
• Flexible Floorplans With Large Executive Offices, Conference Areas, And Elegant Finishes
• Formerly 100% Occupied By BB&T Bank
• Centrally Located At The Intersection Of Interstate 85 And South Perry Street
• Convenient Access To I-65 Via I-85

Investment Overview:
671 South Perry is a vacant, ±24,355 SF, office building located at 671 South Perry Street in Montgomery, AL.

671 South Perry is situated on approximately 1.03 acres, offers 100 surface level parking spaces, and contains a 5 story office building that was formerly 100% leased to BB&T. The property provides floor plates of approximately 4,871 SF and is designed for either single or multi-tenant use. The building is equipped with two drive thru lanes, a vault and other bank related amenities. The building sits on one of the highest elevations in the city and visible in all directions.

Located at the heart of the South, the Montgomery Statistical Area has a current population of 377,000 and is a vital business, transportation, and tourism center. Montgomery is Alabama's state capitol and is located in central Alabama on the Alabama River, 88 miles south of Birmingham, 162 miles southwest of Atlanta and 155 miles northeast of Mobile and the Gulf of Mexico. Montgomery ranked in the top ten in the nation for projected job growth over the next three years by Forbes and is ranked number 3 in the nation for cities with low risk housing markets by SmartMoney. Over the last decade, new and expanded industries have brought $650 million in capital investments to Montgomery. The city's role as a regional trade center is firmly established, serving as a wholesaling and distribution gateway to the southeast in addition to the 22-county central Alabama area. Two interstate highways, I-65 and I-85, intersect within the City and 671 South Perry is located at the highly visible intersection of Interstate 85 and South Perry Street. This property offers convenient access to I-65 (±1 mile) via I-85. The Property and is located 5 blocks from the heart of the Montgomery Central Business District and State Capitol Complex. 671 South Perry is located less than 1 mile from Alabama State University and located within close proximity to Maxwell Air Force Base, Jackson Hospital and many public and private businesses. A pylon sign is present in the Northwest corner of property which provides an excellent opportunity for additional exposure.

671 South Perry presents investors with the unique opportunity to invest in a vacant office building with tremendous upside and flexibility through full lease-up at market rates.


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

David L Potts
(334) 244-2523


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

David L Potts
(334) 244-2523



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