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33961662
33961668

1235 Lagoon Business Loop, Montgomery, AL 36117

PP
AL 156372-1
Moore Company Realty
GC
AL 000084543
Moore Company Realty
Listed by Moore Company Realty
$2,120,000
2 days on market
Updated 0 days ago

1235 Lagoon Business Loop

Details
Property Type Industrial
Sub Type Distribution, Warehouse
Square Footage 16,600
Cap Rate 6.00%
NOI $127,148
Occupancy 100%
Tenancy Single
Lease Type Modified
Lease Term 10
Lease Expiration 08/31/2032
Remaining Term 6
Rent Bumps No
Class A
Year Built 2023
Buildings 1
Acreage 1.010
Investment Type Net Lease
Lease Commencement 09/01/2022
Ground Lease No

Industrial | 6.00% CAP | 16,600 SqFt

Marketing description

1235 Lagoon Business Loop is a recently constructed, institutional-quality industrial facility totaling approximately 16,600 square feet on 1.01 acres in Montgomery's highly desirable Lagoon Business Park. Completed in 2023, the property was purpose-built for the Alabama Alcoholic Beverage Control Board as its Montgomery Wholesale Distribution Center (Store #246), providing investors with a modern, low-maintenance asset occupied by an essential state agency.

Designed with functionality and efficiency in mind, the building features modern construction, high-quality finishes, ample parking, and excellent truck accessibility for daily distribution operations. Its well positioned location just off the Eastern Boulevard corridor provides convenient access to Interstate 85, Interstate 65, US Highway 231, and major transportation routes throughout Central Alabama, making it an ideal logistics and distribution location. The property's recent construction significantly reduces near-term capital expenditure risk while providing investors with a durable, institutional-grade facility.

Investment highlights

  • ±16,600 SF Class A industrial distribution facility
  • Completed in 2023 with modern construction and minimal anticipated capital expenditures
  • 100% leased to the Alabama Alcoholic Beverage Control Board (ABC Board) – 10 Yr initial lease term (6 years remaining)
  • Government-backed tenant providing stable, dependable cash flow
  • Mission-critical wholesale distribution center serving Central Alabama
  • Located on ±1.01 acres within the established Lagoon Business Park
  • Excellent truck circulation and convenient access for deliveries
  • Immediate access to I-85, I-65, Eastern Boulevard (US-80), and US Highway 231
  • Positioned within one of Montgomery's premier industrial and distribution corridors
  • Strong long-term investment opportunity with an essential state agency tenant
  • Approximately 8 miles (15 minutes) to Downtown Montgomery, providing convenient access to the city's central business district, Alabama State Capitol, and major government offices.
  • Approximately 17 miles (23 minutes) to Montgomery Regional Airport (MGM)

Listing Contacts

PP
AL 156372-1
Moore Company Realty
GC
AL 000084543
Moore Company Realty
Listed by Moore Company Realty

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$127,148.00
$10,595.67/mo

Valuation Metrics

0
DSCR
6%
Cap Rate
6%
ROI

Map

Zoning

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M-1 IndustrialLight IndustrialLight Industry
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Last updated Jun 23, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Perry Patino
License
156372-1
Brokerage Phone
3342621958
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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