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McClellan Park Medical Mall 171 Town Center Dr

127,565 SF 92% Leased Office Building Anniston, AL 36205 $7,139,482 ($56/SF) 9.50% Cap Rate

Investment Highlights

  • ±75% Occupied Medical Mall & Warehouse | Value Add Investment Opportunity
  • Fort McClellan is located adjacent to Anniston, AL, which resides on the high-traffic I-20 corridor connecting Birmingham, AL to Atlanta, GA
  • Medical Office Building and Warehouse available for sale together or individually
  • State-of-the-art medical facility in the newly revitalized, historic Fort McClellan Properties
  • High-traffic location just off McClellan Blvd with ± 24,020 VPD

Executive Summary

Randall Commercial Group, LLC is pleased to present this outstanding multi-tenant Medical Mall in Anniston, Alabama. The property is a major component of the thriving health care hub that Anniston and its surrounding communities offer patients, located ±6 miles from Northeast Alabama Regional Medical Center. The surrounding area features numerous national and regional tenants including Lowe’s, Domino’s, Advanced Auto Parts, Subway, Tractor Supply Co., Taco Bell, Walmart, Krystal, Arby’s, and more. The Medical Mall was built in 1976 and had all HVAC units replaced in 2008.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
127,565 SF
Building Class
C
Year Built/Renovated
1976/2008
Price
$7,139,482
Price Per SF
$56
Cap Rate
9.50%
NOI
$678,251
Percent Leased
92%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
127,565 SF
Building FAR
0.18
Lot Size
16.32 AC
Opportunity Zone
Yes
Parking
206 Spaces (1.61 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste MPS-4
  • 1,715 SF
  • Office/Medical
  • Full Build-Out
  • Now

Professional office space with a reception desk/office, waiting area, 5 private offices, 3 exam rooms, a break area, and 2 private restrooms.

  • 1st Fl-Ste MPS-5
  • 1,560 SF
  • Office
  • Full Build-Out
  • Now

Professional office space with a reception area, 4 private offices, a break area with a kitchenette, and 2 private restrooms.

  • 1st Fl-Ste MPS-7a
  • 1,376 SF
  • Office/Retail
  • Partial Build-Out
  • Now

Previously used as a salon space, this space would also serve well as a physical therapy office or a yoga studio. The space is mostly open with a storage closet and a private restroom.

  • 1st Fl-Ste MPS-7b
  • 650 SF
  • Medical
  • Full Build-Out
  • Now

Professional office/medical office space with 5 private offices/exam rooms and a break room.

  • 1st Fl - MPS-LG
  • 5,130 SF
  • Industrial
  • Shell Space
  • Now

5,130 SF of warehouse/storage space. The medical mall provides excellent spaces for businesses that provide medical or general business services.

Space Size Space Use Condition Available
1st Fl-Ste MPS-4 1,715 SF Office/Medical Full Build-Out Now
1st Fl-Ste MPS-5 1,560 SF Office Full Build-Out Now
1st Fl-Ste MPS-7a 1,376 SF Office/Retail Partial Build-Out Now
1st Fl-Ste MPS-7b 650 SF Medical Full Build-Out Now
1st Fl - MPS-LG 5,130 SF Industrial Shell Space Now

1st Fl-Ste MPS-4

Size
1,715 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
Now

1st Fl-Ste MPS-5

Size
1,560 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste MPS-7a

Size
1,376 SF
Space Use
Office/Retail
Condition
Partial Build-Out
Available
Now

1st Fl-Ste MPS-7b

Size
650 SF
Space Use
Medical
Condition
Full Build-Out
Available
Now

1st Fl - MPS-LG

Size
5,130 SF
Space Use
Industrial
Condition
Shell Space
Available
Now

1st Fl-Ste MPS-4

Size 1,715 SF
Space Use Office/Medical
Condition Full Build-Out
Available Now

Professional office space with a reception desk/office, waiting area, 5 private offices, 3 exam rooms, a break area, and 2 private restrooms.

1st Fl-Ste MPS-5

Size 1,560 SF
Space Use Office
Condition Full Build-Out
Available Now

Professional office space with a reception area, 4 private offices, a break area with a kitchenette, and 2 private restrooms.

1st Fl-Ste MPS-7a

Size 1,376 SF
Space Use Office/Retail
Condition Partial Build-Out
Available Now

Previously used as a salon space, this space would also serve well as a physical therapy office or a yoga studio. The space is mostly open with a storage closet and a private restroom.

1st Fl-Ste MPS-7b

Size 650 SF
Space Use Medical
Condition Full Build-Out
Available Now

Professional office/medical office space with 5 private offices/exam rooms and a break room.

1st Fl - MPS-LG

Size 5,130 SF
Space Use Industrial
Condition Shell Space
Available Now

5,130 SF of warehouse/storage space. The medical mall provides excellent spaces for businesses that provide medical or general business services.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
18-05-22-1-011-001.001
Land Assessment
$12,200
Improvements Assessment
$1,349,876
Total Assessment
$1,362,076
  • Listing ID: 31886515

  • Date on Market: 5/22/2024

  • Last Updated:

  • Address: 171 Town Center Dr, Anniston, AL 36205

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