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600 Vestavia Parkway - Highpoint Office Center - Shelby Building, Vestavia, AL

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600 Vestavia Parkway - Highpoint Office Center - Shelby Building

Vestavia, AL 35216-3756 - Vestavia Hills Submarket


Property Type:Office Sub Type:- Status:Existing Year Built:1981
Stories:3 Typical Floor:14,226 SF Building Size:42,678 SF
% Leased:
For Sale Price:$6,450,000 Price/SF:$151.13
Cap Rate:5.60 %
Smallest Space:1,242 SF Largest Space:3,794 SF Total Space Avail:5,036 SF Rent/SF/Yr:
$17.50
Parking:60 Surface spaces are available; Ratio of 4/1,000 SF Amenities:Controlled Access


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
3,794 SF
Negotiable
Vacant
Negotiable
Office
 2nd
1,242 SF
$17.50/SF/Yr
Vacant
Negotiable
Office
 
9710146
11265555


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
3,794 SF
Negotiable
Vacant
Negotiable
Office
2nd
1,242 SF
$17.50/SF/Yr
Vacant
Negotiable
Office

Sale Notes:
Shelby Building is being offered to qualified investor/users. Consisting of 42,627 SF on 3rd floors, sitting on approximately 3.29 acres, this multi-tenant office building is currently 88% leased offering a purchaser stable cash flow with upside potential far below replacement costs.

The building is situated in the suburban sub-market of Vestavia Hills, Alabama, one of Alabama's most favorable communities. Located near interstates 65 & 459 as well as U.S. Highway 31 South, the building offers convenient access to the Birmingham CBD and locations north, south, east and west.

Engel Realty Company, LLC
Steve L Butler
(205) 939-8217


Engel Realty Company, LLC
Steve L Butler
(205) 939-8217



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