$2,119,133 USD
334-386-2439
1235 Lagoon Business Loop
Montgomery, AL 36117
Outer East
HIGHLIGHTS
- ±16,600 SF Class A industrial distribution facility
- 100% leased to the Alabama Alcoholic Beverage Control Board (ABC Board) – 10 Yr initial lease term (6 years remaining)
- Completed in 2023 with modern construction and minimal anticipated capital expenditures
- Government-backed tenant providing stable, dependable cash flow
- Located on ±1.01 acres within the established Lagoon Business Park
- Immediate access to I-85, I-65, Eastern Boulevard (US-80), and US Highway 231
OVERVIEW
1235 Lagoon Business Loop is a recently constructed, institutional-quality industrial facility totaling approximately 16,600 square feet on 1.01 acres in Montgomery's highly desirable Lagoon Business Park. Completed in 2023, the property was purpose-built for the Alabama Alcoholic Beverage Control Board as its Montgomery Wholesale Distribution Center (Store #246), providing investors with a modern, low maintenance asset occupied by an essential state agency.
FOR SALE DETAILS
PRICE
$2,119,133 USD
PRICE/SF
$128 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Investment Sale
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Distribution
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2023
UTILITIES
-
CLEAR CEILING HT
-
DOCKS
-
DRIVE INS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.01
LAND SF
43,996
ZONING
-
APN/PARCEL ID
04-07-36-3-000-002.003
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334-386-2439
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334-386-2439
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