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VIP Care Medical Office 2525 Center Point Pky

5,085 SF 100% Leased Office Building Birmingham, AL 35215 $824,000 ($162/SF) 7.50% Cap Rate

Medical Offices Alabama Birmingham 2525 Center Point Pky, Birmingham, AL 35215

Investment Highlights

  • Strong Tenant Lineup | 100% Occupied | E Commerce Resitant Tenants | Limited Expense Leakage
  • Strong National/Credit Tenants | Dense Retail Corridor | Excellent Visibilty & Access | Strong Tenant Synergy
  • Along Arterial Thoroughfare | Heavily Traveled Trade Area | Jefferson State Community College (5,000+ Students)
  • Strong Demographics in 5-Mile Trade Area | Direct Consumer Base 14 Miles From Downtown Birmingham

Executive Summary

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, 100% occupied, multi-tenant medical office property located in Birmingham, Alabama. The property totals 5,085 SF and is divided into 2 suites with Vital Smiles occupying 2,685 SF and VIPCare utilizing the remaining 2,400 SF. The offering consists of a e-commerce resistant tenant lineup comprised of essential medical tenants, creating a stabilized income stream for a new investor. VIPCare operates under a lease which is NNN in nature, limiting expense leakage for a future investor.

Attachments

Birmingham AL - VIP Care Medical Office OM v4a

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
5,085 SF
Building Class
B
Year Built
1995
Price
$824,000
Price Per SF
$162
Cap Rate
7.50%
NOI
$61,822
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
5,085 SF
Building FAR
0.19
Land Acres
0.61 AC
Zoning
C-1 - Commercial District
Parking
27 Spaces (5.31 Spaces per 1,000 SF Leased)

Links

1 of 1

PROPERTY TAXES

Parcel Number 12-00-07-4-002-024.001 Improvements Assessment $0
Land Assessment $0 Total Assessment $163,280

PROPERTY TAXES

Parcel Number
12-00-07-4-002-024.001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$163,280
(914) 498-2225

  • Listing ID: 33995356

  • Date on Market: 11/25/2024

  • Last Updated:

  • Address: 2525 Center Point Pky, Birmingham, AL 35215

More public record information on 2525 Center Point Pky, Birmingham, AL 35215

The Office Property at 2525 Center Point Pky, Birmingham, AL 35215 is currently available For Sale. Contact SRS Real Estate Partners for more information.

Office PROPERTIES IN NEARBY NEIGHBORHOODS

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VIP Care Medical Office | 2525 Center Point Pky
(914) 498-2225 x

VIP Care Medical Office | 2525 Center Point Pky

Sabrina Sapienza

(914) 498-2225

(914) 498-2225

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