Freestanding Medical Building - Crossville, AL
Office | 9,533 SqFt
Marketing description
Offered at an 8% cap rate with a projected NOI of $77,000, this 9,533 SF medical office building in Crossville, Alabama, presents a stable investment opportunity backed by a new 5-year lease. Built in 2008 and situated on 2.44 acres, the property is located at the signalized corner of Alabama Highway 68 and West Street, with 385 feet of frontage on Hwy 68 and three access points. The building features a traditional clinic layout with multiple exam rooms, physician offices, administrative areas, lab, x-ray room, and a second-floor business suite. Zoned B-2, the site allows for a broad range of commercial uses, adding long-term flexibility. With ample parking, a covered drop-off canopy, and status as the largest medical office building in the market, this asset offers secure cash flow and strong future leasing potential.
Investment highlights
9,533 SF medical office building on 2.44 acres
New 5-year lease in place | $77,000 projected NOI | 8% cap rate
Largest medical office facility in Crossville
Corner site with 385’ of frontage on Hwy 68 and 529’ on West Street
Zoned B-2 – permits retail, restaurant, and office uses
Traditional clinic layout with exam rooms, lab, x-ray, and second-floor office suite
Three access points and ample parking
Covered drive-through canopy for patient drop-off
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