Listed by Paladin Group, LLC.
$3,660,000
Allen H. Drake Medical Plaza
Details
Property Type Office
Sub Type Medical Office
Square Footage 17,424
Cap Rate 7.50%
Occupancy 92%
Tenancy Multi
Lease Type NNN
Class B
Stories 2
Acreage 1.600
Zoning N/A
Excellent income producing investment property.
Marketing description
Building is approximately 17,424 sf
One Suite Vacancy approximately 1,157 sf.
Covered Drive-up Entry.
Located in Madison County, no zoning.
No Flood Zone!
Investment highlights
Well maintained 17,424 sf brick, two story building.
Surrounding land recently sold for development.
Only 6% vacancy, one suite (1.100 sf).
Located in a north Huntsville/Madison growth area.
Listing Contacts
Listed by Paladin Group, LLC.
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