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4501 Southlake Pky
Birmingham, AL 35244

$3,320,000 USD

Medical Condos For Sale  •  2,280+ SF

Property Details

  • Property Type Medical
  • Total Building Size 13,000 SF
  • Lot Size 1.06 AC
  • Building Class A
  • Year Built 2011
  • Tenancy Multiple
  • Zoning PC
0 Transit Score
40 Walk Score

2 Units Available

Name Condo Use Size Price Details
1st Floor - Unit 100 Medical 4,960 SF $3,320,000 USD
  • Unit Size: 4,960 SF
  • Condo Use: Medical
  • Price: $3,320,000 USD
  • Sale Type: Investment
  • Price/SF: $669.35 USD
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
2nd Floor - Unit 201 Medical 2,280 SF Price Upon Request
  • Unit Size: 2,280 SF
  • Condo Use: Medical
  • Price: Price Upon Request
  • Sale Type: Investment

Description 

-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 Flyers

Public Transportation

AirportDriveWalkDistance
Birmingham-Shuttlesworth International 26 min - 18.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 65
Type: Surface
Included in Rent: Yes
Kyle Church 205-919-1528 Lightpoint
Kyle Church 205-919-1528 Lightpoint