1088 9th SW Avenue, Bessemer, AL 35022
Medical office building on NNN leases with ample parking and recent roof, HVAC, and reception updates.
- Added:
- May 6, 2026
- Days on Market:
- 52
- Last Refresh:
- Jun 26 at 3:05 am
Property Features for 1088 9th SW Avenue
General Information
- Standard status
- Active
- Size
- 10,093 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1990
Listing office Butler Evans Real Estate, Inc. (205) 310-3799
Listing date May 6, 2026
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Butler Evans Real Estate, Inc.
HighLights
- NNN medical office building leased to internal medicine, nephrology, and a hearing aid clinic
- 10,093 SF building with 49 parking spaces plus 6 handicapped spaces
- Roof replaced in 2024; several HVAC units replaced since purchase
- Reception flooring replaced in 2025; outdoor lighting bulbs replaced in 2024
- Parking lot restriped and building pressure washed in 2026
- Fire suppression system current on inspections/repairs; monitored by Hiller Fire
Overview
The property is located at 1088 9th SW Avenue in Bessemer, Alabama and provides 49 parking spaces plus 6 handicapped spaces. Leasing is structured as NNN, and the remarks note that 50% of the tenant base includes a landlord option-to-cancel clause on 6-months’ notice if the property is sold.
For medical practice groups, the tenant setup supports a specialty-focused environment. For buyers, the current NNN lease structure and documented capital updates may be of interest, including the stated advantage that the use of the property can provide a higher percentage of bonus depreciation compared with other investment types.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $267.7k | $26.52 |
| − Vacancy | −$30.5k | −$3.02 |
| EGI | $237.2k | $23.50 |
| − OpEx | −$59.3k | −$5.87 |
| NOI | $177.9k | $17.62 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bessemer
- County
- Jefferson
- State
- Alabama
- Longitude
- -86.9898079
- Latitude
- 33.3767936
