2020 Normandie Dr - Medical FOR SALE


Montgomery, AL 36111- Outer South/Airport
$1,194,717 USD
843-380-8650
2020 Normandie Dr, Montgomery, AL for Sale
$1,194,717 USD
Medical - FOR SALE
1/3
null | 9% Cap Rate

2020 Normandie Dr
Montgomery, AL 36111
Outer South/Airport


HIGHLIGHTS

  • Located in Alabama’s capital city and supported by major healthcare anchors including Baptist Health and Jackson Hospital.
  • The property benefits from surrounding residential neighborhoods and strong daytime traffic patterns, supporting consistent patient volume.
  • Strategically located along Normandie Drive, surrounded by medical offices, specialty clinics, and established healthcare users.
  • The tenant has operated successfully for 14 years and maintains three locations across Alabama.
  • The practice delivers comprehensive, medically driven eye care, combining advanced diagnostic services and specialized treatment programs.
  • The lease features 2% annual rent escalations, providing predictable income growth.

OVERVIEW

Sands Investment Group is pleased to exclusively offer for sale the 13,542 SF River Region Vision Source property located at 2020 Normandie Drive in Montgomery, AL. The property benefits from surrounding residential neighborhoods and strong daytime traffic patterns, supporting consistent patient volume. The lease permits optometry use and allows subleasing to other medical and professional office tenants, providing enhanced future flexibility, along with 2% annual rent escalations that support steady income growth. BoR: Andrew Ackerman - Lic. AL #1089690

FOR SALE DETAILS

PRICE

$1,194,717 USD

PRICE/SF

$88 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

River Region Vision Source - Montgomery, AL

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

43

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,550 SF

ZONING

O-1

APN/PARCEL ID

10-09-32-1-001-009.000

ASK ABOUT THIS PROPERTY

Zack BoalsSands Investment GroupMore Info
843-380-8650

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Zack BoalsSands Investment GroupMore Info
843-380-8650

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.