Listed by JDS Real Estate Services, Inc., Lee & Associates - Charlotte
$1,414,839
Ally Psychiatry - Montgomery, AL
Details
APN 09 05 16 2 000 002.016
Property Type Office
Sub Type Medical Office, Freestanding
Square Footage 7,310
Net Rentable (SqFt) 7,310
Cap Rate 7.70%
NOI $109,650
Occupancy 100%
Tenancy Single
Brand/Tenant Ally Psychiatry
Lease Type NNN
Lease Term 10
Rent Bumps Yes
Broker Co-Op Yes
Class B
Year Built 1998
Buildings 1
Stories 1
Acreage 0.590
Zoning B3 Highway Commercial
Investment Type Sale/Leaseback
Tenant Credit Credit Rated
Office | 7.70% CAP | 7,310 SqFt
Marketing description
The property is offered at $1,414,839 with a new 10-year NNN lease commencing at close. Base rent is $15.00/SF, generating $109,650 annually ($9,137 monthly). Rent grows 3% annually, with tenant covering all expenses.
The property is offered individually or as a portfolio with 109 Holiday Ct, D10, Franklin, TN & 333 Business Cir, Pelham, AL.
This 7,310 SF freestanding medical office, built in 1998, is Ally Psychiatry’s headquarters and a core operating location. The building sits on ±0.59 acres with ample surface parking and modern medical build-out.
The property is 100% leased under a new 10-year NNN lease, offering strong security through Ally’s headquarters presence. Investors benefit from contractual income, 3% annual rent increases, and full tenant responsibility for expenses.
Montgomery, Alabama, the state capital, serves as a major healthcare and government hub. The city is anchored by three major hospital systems: Baptist Health, Jackson Hospital, and the Central Alabama Veterans Health Care System. Baptist Medical Center East recently invested $10 million in NICU expansion, underscoring local healthcare growth.
Montgomery’s healthcare sector employs thousands, supported by Maxwell-Gunter Air Force Base, Alabama State University, and regional training programs. With recent investments in downtown revitalization and infrastructure, the city is well-positioned for sustained healthcare and economic expansion
Investment highlights
- $109,650 Year 1 NOI – secured by Ally Psychiatry HQ operations
- 7.7% unleveraged cap rate on in-place contractual rent
- Largest building in portfolio at 7,310 SF on ±0.59 acres
- Anchored by Montgomery’s healthcare hub with 3 major hospital systems
- Tenant credit supported by multi-state platform and 150+ clinicians
Listing Contacts
Listed by JDS Real Estate Services, Inc., Lee & Associates - Charlotte
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$109,650.00
$9,137.50/mo
Valuation Metrics
0
DSCR
7.75%
Cap Rate
7.75%
ROI
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