1989 Montgomery Hwy S - Medical FOR SALE
Birmingham, AL 35244 |
$1,591,363 USD
615-521-6955
1989 Montgomery Hwy S
Birmingham, AL 35244
HIGHLIGHTS
- Brand new 10-year NN lease with ±7 years remaining and 1% annual increases.
- Corporate guarantee from Urgent Team, a leading urgent care operator with 85+ locations.
- Passive investment with landlord responsible only for roof and structure.
- Prime location on Montgomery Hwy with 35,000+ VPD and strong retail synergy.
- Affluent demographics with $110K+ average household income within 1 mile.
- Located in Birmingham MSA, experiencing 8.8% 5-year population growth.
FOR SALE DETAILS
PRICE
$1,591,363 USD
PRICE/SF
$569 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
C
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
40
LAND DETAILS
LAND ACRES
0.73 AC
LAND SF
31,799 SF
ZONING
Commercial
APN/PARCEL ID
10-9-30-0-001-005-002
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615-521-6955
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615-521-6955
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