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.

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)

PROPERTY TAXES

  • Listing ID: 33663449

  • Date on Market: 2024-10-28

  • Last Updated:

  • Address: 134 High St, Montgomery, AL 36104