Medical Office Building with Surplus
For Sale
$4,980,000
1112 Gene Reed Road, Birmingham, AL 35235
CommercialSale, Birmingham, AL
Property Size8,696 SF
Lot Size1.21 Acres
Price / SF$572.68
Days on Market494
Property Features for 1112 Gene Reed Road
General Information
Property type
Commercial Sale
Property subtype
Office
Directions
Near Trussville, inside I-459 loop. Old nav systems might have address as 608 Gadsden Hwy, Birmingham. From BHM take 20/59 No and then stay on I-59 to Exit 134. At exit, take US 11N to property, slightly over 1 mile.
Subdivision
(13) Jefferson County
Standard status
Active
APN
01-24-00-06-1-005-003.000
Size
8,696 SF
Lot size
1.21 Acres
Taxes and HOA fees
Tax Description
Lot 3-A of a Resurvey of Lot 3 of a Resurvey of H. H. Garner Subdivision in Map Book 150, Page 10 of the books and records of the Probate Judge of Jefferson County, Alabama. SOT at Instrument #2021116491
Tax Annual Amount
27208
Legal Description
Lot 3-A of a Resurvey of Lot 3 of a Resurvey of H. H. Garner Subdivision in Map Book 150, Page 10 of the books and records of the Probate Judge of Jefferson County, Alabama. SOT at Instrument #2021116491
Building Details
Year built
1985
Number of units
1
Listing Agency:
Butler Evans Real Estate, Inc.
(205) 310-3799
Listed By:
Denise Evans · License #AL67727
(205) 758-4949
Added: May 20, 2025
Changed: Sep 5
Last Checked: Sep 25 at 4:06AM
MLS# 168855
Copyright © 2026 West Alabama Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 8,696-square-foot medical office property was built in 1985 on 1.21 acres. The occupied space is leased on an absolute NNN basis to a vascular surgery center acquired by Grandview Health. The lease began 10/6/21 and runs for 10 years, with 2% annual rent increases and five additional renewal options of three years each. The tenant is responsible for operating expenses and structural repairs.
The property also includes 1,162 square feet of surplus space formerly used as a pharmacy. That area is separate from the primary leased premises and provides additional space within the existing property configuration. The asset is located at 1112 Gene Reed Road in Birmingham, Alabama 35235.
The property also includes 1,162 square feet of surplus space formerly used as a pharmacy. That area is separate from the primary leased premises and provides additional space within the existing property configuration. The asset is located at 1112 Gene Reed Road in Birmingham, Alabama 35235.
Key Highlights
- 8,696‑square‑foot medical office property on 1.21 acres
- Absolute NNN lease began 10/6/21 for a 10 year term
- 2% annual rent increases with 5 renewal options of 3 years each
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
112
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 35235, AL
20,059
Population
8,944
Households
2.2
Avg Household Size
38
Median Age
27%
College-Educated
92%
High-School Grad
13.5 sq mi
ZIP Area
1,486
Density / Sq Mi
$57,244
Median Household Income
$35,809
Median Earnings
$1,220
Median Rent
$165,900
Median Home Value
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Market
Vacancy Rate% for Office in Birmingham, AL
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office property with an absolute NNN lease and separate surplus space.
Where is this medical office space located?
The property is located at 1112 Gene Reed Road Birmingham, AL.
What is the asking price?
The asking price for this property is $4,980,000.
What are key features of this property?
This property features: 8,696‑square‑foot medical office property on 1.21 acres; Absolute NNN lease began 10/6/21 for a 10 year term; 2% annual rent increases with 5 renewal options of 3 years each
