Office Vacant-User
3815 Interstate Court
3815 Interstate Ct, Montgomery, AL 36109
Listing Price: $2,950,000
Investment Overview
Marcus & Millichap is pleased to offer the opportunity to acquire 3815 Interstate Court located in Montgomery, Alabama. The Asset is a +/- 51,080 SF, institutional quality, four-story office building benefiting from a prime infill location with ease of access onto Interstate 85, other major highways, putting you anywhere in the city in approximately 15 minutes or less.
This four-story building is an exceptional vacant value-add investment, owner-user opportunity, or redevelopment with high quality infrastructure and finishes. The Asset has multiple access points, central elevator and restroom corridor, and open lobby area allowing for multi-tenant capabilities. The buildout consists of interior conference rooms, some perimeter offices, and wide-open areas with significant natural light. Recent improvements of approximately $200k include a new TPO roof, carpet and elevator upgrades.
Investment Highlights
- Prominent location visible from I-85 near shopping, dining, hotels and services
- Efficient floor plan with designer finishes, conducive to single or multi-tenant users
- New TPO Roof and carpet throughout building
- Pro-forma cap rate of 17% based off market rent of $10/SF
Exclusively Listed By
Listing Price: $2,950,000
Investment Highlights
- Prominent location visible from I-85 near shopping, dining, hotels and services
- Efficient floor plan with designer finishes, conducive to single or multi-tenant users
- New TPO Roof and carpet throughout building
- Pro-forma cap rate of 17% based off market rent of $10/SF
Investment Overview
Marcus & Millichap is pleased to offer the opportunity to acquire 3815 Interstate Court located in Montgomery, Alabama. The Asset is a +/- 51,080 SF, institutional quality, four-story office building benefiting from a prime infill location with ease of access onto Interstate 85, other major highways, putting you anywhere in the city in approximately 15 minutes or less. This four-story building is an exceptional vacant value-add investment, owner-user opportunity, or redevelopment with high quality infrastructure and finishes. The Asset has multiple access points, central elevator and restroom corridor, and open lobby area allowing for multi-tenant capabilities. The buildout consists of interior conference rooms, some perimeter offices, and wide-open areas with significant natural light. Recent improvements of approximately $200k include a new TPO roof, carpet and elevator upgrades.