3321 Kessinger Dr. | 3321 Kessinger Dr
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3321 Kessinger Dr. 3321 Kessinger Dr
7,654 SF 100% Leased Office Building Montgomery, AL 36116 $999,000 ($131/SF) 8.50% Cap Rate
Investment Highlights
- Two National Tenants - Spectrum Corporate and Seraj Family Homes
- With convenient access to dining, retail, and entertainment options, the area fosters a dynamic environment for business and professional growth.
- This is a highly sought after eastside office location.
Executive Summary
Introducing an exceptional fully leased investment property in East Montgomery. This 7, 654 square foot office building, constructed in 2006, offers a prime location and versatile space for potential investors. This property is located near the intersection of Taylor Road and Vaughn Road, across from Sturbridge Subdivision and 2 miles from I-85. With convenient access to dining, retail, and entertainment options, the area fosters a dynamic environment for business and professional growth. This is a highly sought after eastside office location with over 46,000 residents within a 3 mile radius and a 10.77% growth rate expected over 5 years.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
7,654 SF
Building Class
B
Year Built
2006
Price
$999,000
Price Per SF
$131
Cap Rate
8.50%
NOI
$84,915
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,654 SF
Slab To Slab
12’
Building FAR
0.23
Lot Size
0.76 AC
Zoning
PUD - Planned Unit Development
Parking
42 Spaces (5.49 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Number | 09-09-29-3-000-001.033 | Improvements Assessment | $180,500 |
| Land Assessment | $36,600 | Total Assessment | $217,100 |
PROPERTY TAXES
Parcel Number
09-09-29-3-000-001.033
Land Assessment
$36,600
Improvements Assessment
$180,500
Total Assessment
$217,100
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3321 Kessinger Dr. | 3321 Kessinger Dr
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