1001 25th Avenue

About this property

Coldwell Banker Commercial – Kennon & Parker is pleased to present 1001 25th Avenue in Phenix City, Alabama — a single-tenant office investment fully leased to the United States of America (USDA Farm Service Agency), serving as the Phenix City Service Center for Russell County agricultural producers. Built in 1989, the 3,240 SF building (3,000 SF rentable) sits on a 1.41-acre, two-parcel site. The current lease term runs through May 31, 2029 at $60,000 per year ($20.00/SF), structured as a full service gross lease with the landlord responsible for maintenance, utilities, janitorial, pest control, taxes, and insurance. Currently under Lease Amendment No. 6, reflecting a long history of continuous federal occupancy at this location. Located minutes from downtown Phenix City and directly across the Chattahoochee River from Columbus, Georgia.

Highlights

• Tenant is the United States of America (USDA/FSA) — full faith and credit of the federal government
• Current lease term through May 31, 2029; this is Lease Amendment No. 6, evidencing long tenant history at this location
• $60,000 annual base rent ($20.00/SF); full service gross structure — tenant pays flat rent only, landlord covers all operating expenses
• 3,240 SF building (3,000 SF rentable) on a 1.41-acre, two-parcel site
• Located minutes from downtown Phenix City and the Columbus, GA metro, directly across the Chattahoochee River

Building details

Building class

Class B

Floors

1

Building size

3,240 SF

Year built

1989

Lot size

1.41 acres

Property type

Office

Location