3321 Kessinger Dr. | 3321 Kessinger Dr
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3321 Kessinger Dr. 3321 Kessinger Dr
7,654 SF 100% Leased Office Building Montgomery, AL 36116 £789,220 (£103/SF) 8.50% Net Initial Yield
Investment Highlights
- Two National Tenants - Spectrum Corporate and Seraj Family Homes
- With convenient access to dining, retail, and entertainment options, the area fosters a dynamic environment for business and professional growth.
- This is a highly sought after eastside office location.
Executive Summary
Introducing an exceptional fully leased investment property in East Montgomery. This 7, 654 square foot office building, constructed in 2006, offers a prime location and versatile space for potential investors. This property is located near the intersection of Taylor Road and Vaughn Road, across from Sturbridge Subdivision and 2 miles from I-85. With convenient access to dining, retail, and entertainment options, the area fosters a dynamic environment for business and professional growth. This is a highly sought after eastside office location with over 46,000 residents within a 3 mile radius and a 10.77% growth rate expected over 5 years.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
7,654 SF
Building Class
B
Year Built
2006
Price
£789,220
Price Per SF
£103
Net Initial Yield
8.50%
NOI
£67,084
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
7,654 SF
Slab to Slab
12 ft
Building FAR
0.23
Land Acres
0.76 AC
Zoning
PUD - Planned Unit Development
Parking
42 Spaces (5.49 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Number | 09-09-29-3-000-001.033 | Improvements Assessment | £142,414 |
| Land Assessment | £28,877 | Total Assessment | £171,292 |
PROPERTY TAXES
Parcel Number
09-09-29-3-000-001.033
Land Assessment
£28,877
Improvements Assessment
£142,414
Total Assessment
£171,292
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David Potts -
Aronov Realty Brokerage, Inc.
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3321 Kessinger Dr. | 3321 Kessinger Dr
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