Chambers Building | 100 Centerview Dr
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Chambers Building 100 Centerview Dr
35,000 SF 98% Leased Office Building Birmingham, AL 35216 For Sale
INVESTMENT HIGHLIGHTS
- New roof installed in 2021
- Interior upgrades to lobby, halls, elevator and restrooms in 2022
- Parking lot resurface completed in 2022
- 100% Leased
EXECUTIVE SUMMARY
The Chambers Building, is a multi-tenant office building located in Vestavia Hills, Alabama, a suburb of Birmingham.
Highlights:
• GLA: 35,000 sf+-
• 97% leased
• In-Place NOI of $401,856 and continued upside is available through renewal/new leases at the market rate of $19.50 psf. Currently the average rent is $18.57 psf.
• Recent building upgrades:
o New roof installed 2021
o Renovated all common areas 2022
o Repaved parking lot 2022
o The exterior was painted 2022
Highlights:
• GLA: 35,000 sf+-
• 97% leased
• In-Place NOI of $401,856 and continued upside is available through renewal/new leases at the market rate of $19.50 psf. Currently the average rent is $18.57 psf.
• Recent building upgrades:
o New roof installed 2021
o Renovated all common areas 2022
o Repaved parking lot 2022
o The exterior was painted 2022
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
35,000 SF
Building Class
B
Year Built/Renovated
1985/2022
NOI
$390,336
Percent Leased
98%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
17,500 SF
Slab To Slab
12’
Building FAR
0.27
Lot Size
2.98 AC
Zoning
C1 - Commercial
Parking
152 Spaces (4.34 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Space it open floor plan with abundant natural light. Ideal for 1-2 person office use.
Space | Size | Space Use | Condition | Available |
1st Fl-Ste 121 | 727 SF | Office | Full Build-Out | Now |
1st Fl-Ste 121
Size |
727 SF |
Space Use |
Office |
Condition |
Full Build-Out |
Available |
Now |
1 of 2
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Fl-Ste 121
Size | 727 SF |
Space Use | Office |
Condition | Full Build-Out |
Available | Now |
Space it open floor plan with abundant natural light. Ideal for 1-2 person office use.
PROPERTY TAXES
Parcel Number | 39-00-01-1-001-001.015 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $949,680 |
PROPERTY TAXES
Parcel Number
39-00-01-1-001-001.015
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$949,680
1 of 8
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Chambers Building | 100 Centerview Dr
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