$1,050,000 USD
954-245-3400
5323-5325 Wares Ferry Rd
Montgomery, AL 36109
Outer East
HIGHLIGHTS
- 18,000 Square Foot Value Add Flex Opportunity on 1.9 Acres
- Each Unit is Equipped with a Grade Level Roll-Up Door
- Immediate Upside Through Leasing Vacant Units and Raising Rents to Market
- Six of the Units, Including all Four Vacant Units, have been Completely Renovated and are Ready to Lease
- Versatile Flex Property Ideal for a Variety of Business Needs
- Excellent visibility from Wares Ferry Road, with Convenient Access to I-85 and U.S. Highway 231
OVERVIEW
Marcus & Millichap is pleased to present Eastdale Flex, a 18,000 square foot industrial/flex property built in 1980 and positioned on 1.9 acres. The property enjoys excellent visibility from Wares Ferry Road, with convenient access to I-85 and U.S. Highway 231. This versatile flex property is ideal for a variety of business uses which should allow access to the immediate upside through leasing the vacant units and raising rents to market.
FOR SALE DETAILS
PRICE
$1,050,000 USD
PRICE/SF
$57 USD /SF
CAP RATE
11.61%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Eastdale Flex
PROPERTY TYPE
Flex
ADD'L SUBTYPES
Storefront, Storefront Retail/Office, Warehouse
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1980
UTILITIES
-
CLEAR CEILING HT
-
DOCKS
-
DRIVE INS
11
PARKING SPACES
75
LAND DETAILS
LAND ACRES
1.9
LAND SF
82,764
ZONING
R-75-S
APN/PARCEL ID
10-01-01-3-007-001.000
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954-245-3400
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954-245-3400
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