134 High St 1,617 SF Office Building Montgomery, AL 36104 $276,134 CAD ($170.77 CAD/SF) 9.21% Cap Rate



EXECUTIVE SUMMARY
Income Producing Office Building Available - 100% Occupied. Located in Downtown Montgomery. This building totals 1,617 SQFT+/-.
Tenant Overview
PeopleReady - A True Blue Company (NYSE: TBI)
PeopleReady connects businesses to thousands of qualified and motivated local temporary workers.
-600+ Local Markets Served Across North America -1M Active Workers in Network
-23K Workers Placed Every Week
Lease Term: Executed 5-Year lease extension March 2023 and runs through February 29, 2028.
2% Yearly Increases
Please request additional information.
Tenant Overview
PeopleReady - A True Blue Company (NYSE: TBI)
PeopleReady connects businesses to thousands of qualified and motivated local temporary workers.
-600+ Local Markets Served Across North America -1M Active Workers in Network
-23K Workers Placed Every Week
Lease Term: Executed 5-Year lease extension March 2023 and runs through February 29, 2028.
2% Yearly Increases
Please request additional information.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
1,617 SF
Building Class
C
Year Built
1968
Price
$276,134 CAD
Price Per SF
$170.77 CAD
Cap Rate
9.21%
NOI
$25,433 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,617 SF
Building FAR
0.34
Lot Size
0.11 AC
Opportunity Zone
Yes
Zoning
T4 - Smart Zone
Parking
6 Spaces (3.71 Spaces per 1,000 SF Leased)
1 of 2
PROPERTY TAXES
Parcel Number | 10-04-18-2-008-001.000 | Improvements Assessment | $30,395 CAD |
Land Assessment | $8,997 CAD | Total Assessment | $39,392 CAD |