215 Narrows Pky - Office FOR SALE


Birmingham, AL 35242
$1,700,000 USD
205-243-3434
215 Narrows Pky, Birmingham, AL for Sale
$1,700,000 USD
Office - FOR SALE
1/7
null | 5.29% Cap Rate

215 Narrows Pky
Birmingham, AL 35242


HIGHLIGHTS

  • Easy Access
  • Excellent Location
  • Priced below replacement cost.

OVERVIEW

9,000 +,- sf Class A Building 3,000-9,000 sf is available for buyer / user. .88 Acre Lot Built 2017 and in Like New Condition Beautiful exterior and interior finishes. Impressive Curb Appeal and Visibility Abundant Parking Building has 3 Suites of 3,000 SF. Excellent Tenants include State Farm, Ridge Crest Homes and Simplified Behavioral Health. Suite occupied by Ridge Crest is available Now. Buyer can grow into other Suites or lease for income. Ideally suited for owner / user / investor. Convenient Access to U.S. Hwy 280, Greystone, Highland Lakes and rapidly growing 280 area. Current rental income is $9.500 per month. Taxes and Insurance are approx. $1,550 permonth Tenant pays its own utilities and expenses. Big Upside potential for owner/occupant. Priced below replacement cost. Outstanding Investment Opportunity

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$189 USD /SF

CAP RATE

5.29%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

High Quality Owner/User Office Opportunity

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,618 SF

ZONING

Commercial

APN/PARCEL ID

09-4-20-1-004-003-000

ASK ABOUT THIS PROPERTY

Mark DinanMark Dinan Commercial & Investment Real EstateMore Info
205-243-3434

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Mark DinanMark Dinan Commercial & Investment Real EstateMore Info
205-243-3434

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