1090 9th Ave SW - Medical FOR SALE


Bessemer, AL 35022- Outer Bessemer/Fairfield
$1,440,000 USD
205-790-1288
1090 9th Ave SW, Bessemer, AL for Sale
$1,440,000 USD
Medical - FOR SALE
1/15
null | Request Cap Rate

1090 9th Ave SW
Bessemer, AL 35022
Outer Bessemer/Fairfield


HIGHLIGHTS

  • Former Childrens Pediatrics Center
  • Pharmacy Co-Tenant
  • Rental Income in Place with long term lease

OVERVIEW

10,000 total square feet 6,700 Square Feet Medical space ready for owner occupancy or Tenant lease 3,300 square feet occupied by Hinkle Pharmacy with 9 years remaining on lease term, producing $48,000.00 annually in gross income with future rental increases and a personal guaranty in place. Adjacent building torn down in 2025 to increase visibility to property 3 HVAC units replaced in 2023 and 2 in 2025. All HVAC units serviced semi-annually Parking lot resealed and striped in 2024 1.57 acre site; total building square footage is 10,000sf. Ample surface level parking Constructed in 2006 Lease type NNN plus Utilities; Dumpster is provided in CAM Ideal for owner medical user Landlord Tenant Improvements are Available.

FOR SALE DETAILS

PRICE

$1,440,000 USD

PRICE/SF

$144 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Hinkle Pharmacy

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

71

LAND DETAILS

LAND ACRES

1.57 AC

LAND SF

68,389 SF

ZONING

C3

APN/PARCEL ID

38-00-19-1-001-002.002

ASK ABOUT THIS PROPERTY

Michael JohnsonEngel Realty Company, LLCMore Info
205-790-1288

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Michael JohnsonEngel Realty Company, LLCMore Info
205-790-1288

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.