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2828 Hwy 31
Decatur, AL 35603

Decatur Medical Associates Center · Office Property For Sale

Investment Highlights

  • 19-Unit Medical Office Building Located in Decatur, Alabama
  • Decatur is Home to Many Industrial Giants Such As: United Launch Alliance, Nucor Steel, Daikin America and 3M
  • Thirteen Tenants Recently Renewed Their Lease in July 2020 For an Additional Five-Year Term
  • Investment Includes Outpatient Surgery Center, Diagnostic Clinic, Diagnostic Lab and Freestanding Pharmacy
  • Strong Demographics Located on the Tennessee River in Morgan County
  • Excellent Visibility Located Right Off of Highway 31 With Over 32,100 VPD

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
63,775 SF
Building Class
C
Year Built
1980
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
52,773 SF
Building FAR
0.11
Lot Size
13.70 AC
Parking
267 Spaces (5.57 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12-03-05-1-002-056.000
Land Assessment
$142,660
Improvements Assessment
$641,240
Total Assessment
$783,900
  • Listing ID: 21437186

  • Date on Market: 11/6/2020

  • Last Updated:

  • Address: 2828 Hwy 31, Decatur, AL 35603

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