This exceptional 7,748 square foot medical office building, situated on a 38,930 square foot lot in Prattville, Alabama, presents a compelling investment opportunity. The property, built in 1991 and zoned B-2, comprises two suites of approximately 3,874 square feet each, plus an additional 1,917 square feet of finished attic space above Suite A, ideal for a breakroom or additional office space. Suite A, currently leased at $78,948 annually, includes dental furniture, fixtures, and equipment. Suite B offers significant potential for lease or expansion. Recent improvements include a new roof (2023), new vinyl plank flooring in Suite A, a Rainbird sprinkler system, a security system, and three HVAC units. The property boasts 52 parking spaces and benefits from a prime location off Cobbs Ford Road, experiencing over 28,312 daily traffic counts, and is conveniently located 1.3 miles from I-65 Exit 179. This turnkey opportunity offers strong investment potential with room for growth and increased occupancy. The asking price is $1,816,700, reflecting a price per square foot of $234.47. The property is a Class C building with a gross lease type and is located at 711 Kornegay Dr, Prattville, AL 36066 (APN: 26-04-18-0-001-007.004). This is a single-tenant building with a lease commencement date of July 30, 2021.
Highlights
Suite A leased at $78,948 annual rent.
Dental furniture, fixtures, and equipment included in Suite B.
7,748 square foot building in a Qualified Opportunity Zone.
High traffic count (28,312 VPD) at Cobbs Ford Road & Kornegay Dr.
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Paul Hodges
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711 Kornegay Dr, Prattville, Alabama, 36066
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711 Kornegay Dr
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