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426 Veterans Dr
Florence, AL 35630
Office Property For Sale


Investment Highlights
- Comprehensive renovation completed in 2009 with additional 7,500 SF expansion in 2011
- Approximately 99 surface parking spaces plus 30 overflow spaces, rare for downtown Florence
- Interior includes ±144 workstations, private offices, and collaborative spaces with Herman Miller furnishings
- Institutional-grade infrastructure featuring 3-phase 480V power, advanced HVAC, storm-rated shelter, and robust life-safety systems
- Equipped with fiber connectivity and backup power generation to support critical operations
- Centrally located with convenient access to Veterans Drive, major municipal facilities, and downtown business corridors
Executive Summary
Pounders & Associates is pleased to present 426 Veterans Drive, a premier institutional-quality office and operations facility strategically located in Downtown Florence, Alabama. Positioned on approximately 1.97 acres, this ±25,500-square-foot property offers a unique combination of modern infrastructure, operational efficiency, and long-term functionality that is difficult to replicate in today’s construction environment. Originally constructed in 1978, the facility underwent a comprehensive renovation in 2009 that included new interior walls, plumbing, electrical systems, insulation, roofing, and LED lighting throughout. A 7,500-square-foot expansion completed in 2011 further enhanced the property’s operational capabilities. The building is constructed with a pre-engineered steel frame and includes a semi-truck-height loading dock with roll-up door access, allowing flexibility for warehouse, logistics, or support operations. Designed to support mission-critical operations, the property is equipped with substantial infrastructure and technology systems, including 3-phase 480-volt electrical service, natural gas availability, AT&T Fiber and Comcast connectivity, and a Caterpillar 150 kW diesel backup generator with automatic transfer switch and integrated monitoring controls. The HVAC system features a Carrier 60-ton air-cooled scroll chiller with multiple air handling units and VAV controls, along with a dedicated climate-controlled server room system. The facility also includes a reinforced ±1,230-square-foot safe room/storm shelter constructed with one-foot-thick reinforced concrete walls and ceiling, hurricane window protection, and secure steel entry systems. Additional life safety and security infrastructure includes a wet-pipe sprinkler system, Bosch fire alarm and intrusion detection systems, electronic card access controls, Pelco interior and exterior surveillance cameras, and a Lencore sound masking system. The interior office environment is highly functional and move-in ready, offering approximately 144 total workstations, including 124 Herman Miller stations, 20 private offices, and large collaborative work areas. Most workstations are configured in 6’ x 6’ or larger layouts, making the property well-suited for corporate headquarters, financial institutions, healthcare administration, educational operations, call centers, or governmental agencies. A standout feature of the property is its parking capacity, offering 99 on-site spaces plus approximately 30 additional nearby spaces—an uncommon amenity for downtown office properties. The central Florence location provides excellent accessibility via Veterans Drive and surrounding downtown corridors while maintaining close proximity to government offices, professional services, and regional amenities. Offered for sale at $6,750,000, 426 Veterans Drive represents an exceptional opportunity to acquire a highly improved, institutional-grade office asset with substantial existing infrastructure and long-term operational value.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
25,580 SF
Building Class
C
Year Built/Renovated
1978/2009
Price
$9,430,830 CAD
Price Per SF
$368.68 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
25,580 SF
Building FAR
0.30
Lot Size
1.97 AC
Opportunity Zone
Yes
Zoning
I-2 - Heavy Industrial District
Parking
99 Spaces (3.87 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Property Taxes
| Parcel Number | 24-06-14-2-002-003.005 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $624,642 CAD |
Property Taxes
Parcel Number
24-06-14-2-002-003.005
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$624,642 CAD
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