Hoover Medical Plaza | 2010 Patton Chapel Rd
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Hoover Medical Plaza 2010 Patton Chapel Rd
18,002 SF 100% Leased Office Building Birmingham, AL 35216 $3,700,000 ($206/SF) 6.60% Cap Rate
INVESTMENT HIGHLIGHTS
- Professional Multi-Tenant Office Building
- Grade level parking/access to both levels
- Easy access to I-65, U.S. Hwy 31 and I-459
- Located along the busy U.S. Highway 31 corridor
- 15 minutes from CBD & major hospital
- Generous parking
EXECUTIVE SUMMARY
Professional Multi-Tenant Office Building Available! The building is situated in the suburban sub-market of Hoover, Alabama along the busy U.S. Highway 31 corridor. The building offers maximum flexibility in its use and accommodates a wide variety of tenant applications.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
18,002 SF
Building Class
B
Year Built
1987
Price
$3,700,000
Price Per SF
$206
Cap Rate
6.60%
NOI
$244,200
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,001 SF
Slab To Slab
10’
Building FAR
0.30
Lot Size
1.40 AC
Zoning
C1
Parking
69 Spaces (3.83 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Number | 39-00-12-3-001-006.000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $489,480 |
PROPERTY TAXES
Parcel Number
39-00-12-3-001-006.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$489,480
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Hoover Medical Plaza | 2010 Patton Chapel Rd
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