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4501 Southlake Pky - MDSOUTH
2,280 - 4,960 SF Medical Condo Units Offered at $3,320,000 Per Unit in Birmingham, AL 35244
Executive Summary
-Two condos for sale with long-term lease with dental user -Fantastic access and visibility with over 26,000 cars daily -Class A medical office building
Property Facts
| Price | $3,320,000 | Building Class | A |
| Unit Size | 2,280 - 4,960 SF | Floors | 2 |
| No. Units | 2 | Typical Floor Size | 6,500 SF |
| Total Building Size | 13,000 SF | Year Built | 2011 |
| Property Type | Office | Lot Size | 1.06 AC |
| Property Subtype | Medical | Parking Ratio | 5/1,000 SF |
| Price | $3,320,000 |
| Unit Size | 2,280 - 4,960 SF |
| No. Units | 2 |
| Total Building Size | 13,000 SF |
| Property Type | Office |
| Property Subtype | Medical |
| Building Class | A |
| Floors | 2 |
| Typical Floor Size | 6,500 SF |
| Year Built | 2011 |
| Lot Size | 1.06 AC |
| Parking Ratio | 5/1,000 SF |
2 Units Available
Unit 100
| Unit Size | 4,960 SF | Condo Use | Medical |
| Price | $3,320,000 | Sale Type | Investment |
| Price Per SF | $669.35 | APN/Parcel ID | 10-4-20-0-992-003-000 |
| Unit Size | 4,960 SF |
| Price | $3,320,000 |
| Price Per SF | $669.35 |
| Condo Use | Medical |
| Sale Type | Investment |
| APN/Parcel ID | 10-4-20-0-992-003-000 |
Description
-Stabilized Healthcare Investment opportunity with two long-term leases with Smile Partners USA.
-Successful Operating History with Corporate Guaranty
-Fantastic access & visibility with over 26,000 cars daily Class A Medical office building
-Several Developments along Valleydale coming soon
Sale Notes
Tenant: Smile Partners USA
Term Remaining: 9 years
NOI: $215,869
Annual Escalations: 3%
Lease Start: June 2021
Lease Expiration: 2023
Renewal Options: One- 5 year option at continued escalations
Unit 201
| Unit Size | 2,280 SF | Sale Type | Investment |
| Condo Use | Medical | APN/Parcel ID | 10-4-20-0-992-003-000 |
| Unit Size | 2,280 SF |
| Condo Use | Medical |
| Sale Type | Investment |
| APN/Parcel ID | 10-4-20-0-992-003-000 |
zoning
| Zoning Code | PC (Planned Commercial) |
| PC (Planned Commercial) |
Learn More About Investing in Office Space
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4501 Southlake Pky - MDSOUTH
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