7003-7011 Fulton CtMontgomery, AL 36109

For Sale
$627,000
Montgomery, AL Executive Office Space

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional multi-tenant office building, located at 7003-7011 Fulton Court in Montgomery, Alabama, presents a compelling investment opportunity. The 5,492 square foot property, built in 1999, boasts 100% occupancy and a strong net operating income (NOI) of $57,974, yielding a 9.25% cap rate. Priced at $627,000 ($114.17 per square foot), this Class C building sits on a 0.46-acre lot and is zoned O-1 (Office District). Its prime East Montgomery location offers convenient access to a variety of amenities, including numerous restaurants, shopping centers, healthcare facilities, and hotels. Ample on-site parking ensures ease of access for tenants and visitors. The property benefits from its proximity to major thoroughfares, including Taylor Road (approximately 0.7 miles with ~35,730 AADT), EastChase Shopping Center (approximately 2.0 miles), and I-85 (approximately 2.3 miles). This strategic location, combined with the current high occupancy and below-market leases, makes this a highly attractive investment prospect for those seeking a stable and profitable commercial property in a thriving area of Montgomery. The building has maintained 100% occupancy for the last 10 years. Its location is approximately 10.8 miles from Downtown Montgomery.

Highlights

  • Fully occupied, multi-tenant office building with a 10-year occupancy history.
  • O-1 Office District zoning.
  • Prime East Montgomery location, surrounded by professional office buildings.
  • Excellent access to restaurants, shopping, healthcare, and hotels.
  • Below-market lease rates offer strong value-add potential.
  • Ample concrete parking lot for tenants and visitors.

Property Details for 7003-7011 Fulton Ct

Property type
Office properties
Square Feet
5,492 SF
Class
C
Year Built
1999
Lot Size (sq. ft)
20,038 SF

Location Insight

City
Montgomery
County
Montgomery
State
Alabama
Latitude
32.3855324
Longitude
-86.2514126
7003-7011 Fulton Ct, Montgomery, Alabama

FAQs

What type of property is this?
Office property - Montgomery, AL Executive Office Space
Where is the office property located?
The property is located at 7003-7011 Fulton Ct Montgomery, AL.
What is the asking price?
The asking price for this property is $627,000.
What are key features of this property?
This property features: Fully occupied, multi-tenant office building with a 10-year occupancy history.; O-1 Office District zoning.; Prime East Montgomery location, surrounded by professional office buildings.
How can I contact the broker?
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7003-7011 Fulton Ct
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