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GCCMLS Number: 30762418

Listing Board: Emerald Coast

List Date: 2021-09-20

List Price: $6,250,000

Sub Area: 3006 - Other Counties

Legal Description: 50,904 square foot Class a office building with 48,141 square feet of Net Leasable Area which is currently occupied by a long term National Tenant and 2,763 of common area space. This office is on 4.17 acres in Montgomery's Technacenter Office Park which is located along the northern margin of Interstate 85

Property Information: 50,904 square foot Class a office building with 48,141 square feet of Net Leasable Area which is currently occupied by a long term National Tenant with a 7 year lease and 2,763 of common area space. This office is on 4.17 acres in Montgomery's Technacenter Office Park which is located along the northern margin of Interstate 85 with two main access streets that connect with Atlanta Highway providing access to Interstate 85. Located in the Technacenter Office Park in eastern Montgomery.

As Is: Yes

Office: 1

Cap Rate: 6.9

# of Units: 3

Current Price: $6,250,000

Status: Sold

Under Contract Date: 2022-07-08

Sold Date: 2022-08-17

Sold Price: $6,250,000

Area: 30 - Other Counties

Street #: 201

Street Name: Technacenter Dr

Street Suffix: Drive

State: AL

Zip Code: See Remarks

County: See Remarks

Parcel ID: 09 06 14 2 000 007.000