Dept of Justice US Attorneys AL HQ | Single Tenant
DOJ U.S. Dept of Attorneys Single Tenant Office
Marketing description
JLL Government Leased Advisors are pleased to present the US Attorney- Middle District of Alabama Headquarters located in Montgomery, AL, an exceptional investment opportunity. This single-tenant asset is strategically positioned to deliver compelling value and stability
Encompassing a building area of 57,815 SF, this office space has been meticulously designed and constructed in 2006. Situated on a 2.57-acre lot, the property is fully occupied, ensuring immediate cash flow with secure tenancy.
This property is advantageously located in the heart of Montgomery, AL, benefiting from proximity to local government offices, significant business centers, and robust transport links. The location enhances tenant accessibility and supports sustained demand, driven by Montgomery's evolving economic landscape and demographic growth.
With its 100% occupancy and strong financial metrics, the US Atty- MDAL HQ presents a durable investment proposition. Investors can capitalize on the stable cash flow while leveraging the potential for future value appreciation amidst favorable market conditions. This property is a formidable addition to any institutional investor's portfolio seeking reliable returns and strategic market positioning.
Investment highlights
- Government-Anchored AA+ S&P Credit
- Department of Justice tenant
- Investment Grade Tenancy
- 100% occupancy
- $1M+ Year 1 NOI
- 57,815 Square Feet
- 2007 Vintage
- 2.6 Acres
- 9+ Years Tenure at the Property
- Annual Escalations with CPI Index
- $22.36 PSF FSG In-Place Rental Rate
- $1.4M+ Remaining Contractual Revenue
- 3 Single Tenant GSA acquisition opportunities offered individually or as a portfolio (4344 Carmichael, 131 Clayton, 603 San Juan Ave)
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