Log In/Sign Up
Your email has been sent.
Eastdale Flex 5323-5325 Wares Ferry Rd 18,454 SF 100% Leased Flex Building Montgomery, AL 36109 $1,459,489 CAD ($79.09 CAD/SF) 11.61% Cap Rate
INVESTMENT HIGHLIGHTS
- 18,000 Square Foot Value Add Flex Opportunity on 1.9 Acres
- Immediate Upside Through Leasing Vacant Units and Raising Rents to Market
- Versatile Flex Property Ideal for a Variety of Business Needs
- Each Unit is Equipped with a Grade Level Roll-Up Door
- Six of the Units, Including all Four Vacant Units, have been Completely Renovated and are Ready to Lease
- Excellent visibility from Wares Ferry Road, with Convenient Access to I-85 and U.S. Highway 231
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to present Eastdale Flex, a 18,000 square foot industrial/flex property built in 1980 and positioned on 1.9 acres. The property enjoys excellent visibility from Wares Ferry Road, with convenient access to I-85 and U.S. Highway 231. This versatile flex property is ideal for a variety of business uses which should allow access to the immediate upside through leasing the vacant units and raising rents to market.
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$247,396
|
$13.41
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$18,555
|
$1.01
|
| Effective Gross Income |
$228,841
|
$12.40
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$59,398
|
$3.22
|
| Net Operating Income |
$169,443
|
$9.18
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $247,396 |
| Annual Per SF | $13.41 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $18,555 |
| Annual Per SF | $1.01 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $228,841 |
| Annual Per SF | $12.40 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $59,398 |
| Annual Per SF | $3.22 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $169,443 |
| Annual Per SF | $9.18 |
PROPERTY FACTS
1 1
PROPERTY TAXES
| Parcel Number | 10-01-01-3-007-001.000 | Improvements Assessment | $90,980 CAD |
| Land Assessment | $69,383 CAD | Total Assessment | $160,362 CAD |
PROPERTY TAXES
Parcel Number
10-01-01-3-007-001.000
Land Assessment
$69,383 CAD
Improvements Assessment
$90,980 CAD
Total Assessment
$160,362 CAD
1 of 3
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Eastdale Flex | 5323-5325 Wares Ferry Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.