451 St Lukes Dr

451 St Lukes Dr Montgomery, AL 36117

451 St Lukes Dr, Montgomery, AL, 36117
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FOR SALE
Property Type:
Multi Tenant Office
Amount:
$1,600,000
Last Verified:
Aug 01, 2022

Highlights

  • Sale-Leaseback Opportunity!
  • Beautiful Class A Office Building with a Cap Rate of 8.00
  • Perfect location for any professional office
  • Ample on-site parking for employees & customers
  • Located across from Baptist East Medical Center
  • Building consists of 2 floors with an elevator
  • Traffic Counts: 31,596±AADT Vaughn Rd., 35,730±AADT Taylor Rd.
  • 1.2± Miles from Interstate 85
  • 1.9± Miles from EastChase Shopping Center
  • 3.2± Miles of Five Shopping Centers in East Montgomery: Sturbridge Shopping Center, Festival Plaza, Cornerstone Shopping Center, and Pepper Tree Shopping Center.
  • 4.5± Miles of Multiple Established and Flourishing Neighborhoods. Wynlakes, Taylor Lakes, Hampstead, Sturbridge, Halcyon, Wyndridge, Deer Creek & Eastern Forest

Description

Moore Company is presenting 451 St. Lukes Dr. at a 8.00% cap rate. This Beautiful Class A office building has great on-site parking for employees & customers. Building consists of 2 Floors with an elevator. Within 1.5±Miles by thriving Eastchase Lifestyle Center, ​Montgomery’s Largest Retail Corridor. Within minutes from Taylor Rd with traffic counts of 44,110± AADT. 1.2± Miles from Auburn University at Montgomery: AUM offers more than 90 programs of study leading to bachelor's, master's, specialist, and doctoral degrees. Total enrollment 5188±, Total Academic Staff 318±At the lighted corner of Atlanta Hwy & Brown Spring Road.

Located on St. Lukes Dr. across from Baptist Medical Center


Year Built: 1998
Building Size: 9615sq ft
Building Class: A
Lot Size: 0.67 acres


Documents

Sale Brochure_ 451 St Lukes Dr

Map of 451 St Lukes Dr, Montgomery, AL, 36117

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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