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Office Warehouse

Eastdale Flex - Value Add Opportunity

5323 Wares Ferry Rd, Montgomery, AL 36109

Listing Price: $1,050,000

Cap Rate
4.20%
Gross SF
18,000
Price/Gross SF
$58.33
Lot Size
1.90 acres
Year Built
1980
Rentable SF
18,000

Investment Overview

Marcus & Millichap is pleased to present Eastdale Flex, a 18,000 square foot industrial/flex property built in 1980 and positioned on 1.9 acres. The property enjoys excellent visibility from Wares Ferry Road, with convenient access to I-85 and U.S. Highway 231. This versatile flex property is ideal for a variety of business uses which should allow access to the immediate upside through leasing the vacant units and raising rents to market.

Investment Highlights

  • 18,000 Square Foot Value Add Flex Opportunity on 1.9 Acres
  • Each Unit is Equipped with a Grade Level Roll-Up Door
  • Immediate Upside Through Leasing Vacant Units and Raising Rents to Market
  • Six of the Units, Including all Four Vacant Units, have been Completely Renovated and are Ready to Lease
  • Versatile Flex Property Ideal for a Variety of Business Needs
  • Excellent visibility from Wares Ferry Road, with Convenient Access to I-85 and U.S. Highway 231

Broker of Record

  • Eddie Greenhalgh

    Senior Managing Director Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Office Warehouse

Eastdale Flex - Value Add Opportunity

Listing Price: $1,050,000

Cap Rate
4.20%
Gross SF
18,000
Price/Gross SF
$58.33
Lot Size
1.90 acres
Year Built
1980
Rentable SF
18,000

Investment Highlights

  • 18,000 Square Foot Value Add Flex Opportunity on 1.9 Acres
  • Each Unit is Equipped with a Grade Level Roll-Up Door
  • Immediate Upside Through Leasing Vacant Units and Raising Rents to Market
  • Six of the Units, Including all Four Vacant Units, have been Completely Renovated and are Ready to Lease
  • Versatile Flex Property Ideal for a Variety of Business Needs
  • Excellent visibility from Wares Ferry Road, with Convenient Access to I-85 and U.S. Highway 231

Investment Overview

Marcus & Millichap is pleased to present Eastdale Flex, a 18,000 square foot industrial/flex property built in 1980 and positioned on 1.9 acres. The property enjoys excellent visibility from Wares Ferry Road, with convenient access to I-85 and U.S. Highway 231. This versatile flex property is ideal for a variety of business uses which should allow access to the immediate upside through leasing the vacant units and raising rents to market.

Broker of Record

  • Eddie Greenhalgh

    Senior Managing Director Investments

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

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