1285 Carmichael Way, Montgomery, AL
Office for Sale - $1,300,000 - 12,850 Sq. Ft.
Property Info
| CIMLS# | 127603 |
| Location 1285 Carmichael Way Montgomery AL 36106 | |
| Updated | August 19th, 2011 |
| Type | Office |
| Price | $1,300,000 |
| Building | 12,850 Sq. Ft. |
Property Description
Located in the southeast center of Alabama at the intersection of Interstate 85 and Interstate 65, Montgomery, is the state capital and the second largest city in Alabama with a SMSA population of over 366,000.
Financials
Leased through August 2013
9.57% 1st year cap rate and 9.45% average cap rate
Sold individually or as part of an 10 building government investment portfolio located in the Southeast.