Listed by John Hall & Company
$595,000
4252 Carmichael Road
Details
Property Type Office
Units 25
Occupancy 80%
Tenancy Multi
Year Built 1996
Acreage 0.570
Zoning Office
Investment Type Owner/User
Office | 9,241 SqFt
Marketing description
This building is a great investment for a user/investor. Occupy approximately 1,000 S.F., and rent the balance for good cash flow to offset your occupancy cost. Moreover, it gives you the opportunity to expand within the building as your business grows. Call agent for appointment.
Investment highlights
- Excellent location only 10 minutes to historic downtown Montgomery.
- Only .5 miles from I-85 (90,000+ cars per day).
- AADT on Carmichael Road is 19,130.
- Population is 8,143 in a one-mile radius.
- Surrounded by professional offices, restaurants, shopping, and 2 private schools.
- 25 office suites, spacious lobby and 2 conference rooms which are nicely furnished, 2 large restrooms on each floor, and a breakroom.
- Approximately 80% leased with stable tenants; Rents from $390 to $770 per month.
- Very large parking lot; nice landscaping.
- Security system, excellent carpet and furniture in lobby and conference rooms.
- Built in 1996 and contains 9,241 S.F. and is in excellent condition.
Listing Contacts
Listed by John Hall & Company
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