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333 Business Cir Pelham, AL 35124

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For Sale
$967,742

5,000 SF medical office with a new 10-year NNN lease.

Property size:
5,000 SF

Property Features for 333 Business Cir

General Information

Size
5,000 SF

Building Details

Year built
1999

Source: Benjamin Bivens Agent Benjamin Bivens

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Freestanding Medical Office Investment

This 5,000 SF freestanding medical office, constructed in 1999, is fully occupied by Ally Psychiatry under a new 10-year NNN lease. The property is offered at $967,742 with the lease commencing at close. The base rent is $15.00 per square foot, generating $75,000 annually, which is $6,250 monthly. Rent escalates 3% annually, and the tenant covers all expenses. The property offers modern construction and ample parking, well-suited for behavioral health operations. As part of the Birmingham metro area, the site draws patients from a wide regional base and benefits from strong proximity to hospitals and established medical infrastructure. The facility produces secure income with annual 3% escalations and tenant-paid expenses, ensuring stable cash flow for investors. Pelham, Alabama, is a growing city in Shelby County, located along I-65 just south of Birmingham. The community is known for its high quality of life, natural amenities, and expanding medical presence. Healthcare access is anchored by Shelby Baptist Medical Center in nearby Alabaster, a 252-bed facility now part of the Orlando Health system. Pelham’s central location provides quick access to Birmingham’s major hospitals, including UAB Hospital and Grandview Medical Center. The city’s mix of suburban stability, rising medical demand, and recreational attractions such as Oak Mountain State Park make it a strong location for long-term healthcare operators. The property is located on a ±0.11-acre site. Shelby County is ranked among Alabama’s most affluent counties.
Insight Report Location Intelligence

Current Use by Public Records

Myers Susanne M Doctor Jay E. Girard, ... Social Worker Dr. Paul G. ... Psychiatrist Kelly Emily A Counselor HANNAH KATHERINE VISSER Nurse Practitioner

Suggested Use

Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Pelham
County
Shelby
State
Alabama
Longitude
-86.813441
Latitude
33.300687

FAQs

What type of property is this?
Medical office - 5,000 SF medical office with a new 10-year NNN lease.
Where is this medical office located?
The property is located at 333 Business Cir Pelham, AL.
What is the asking price?
The asking price for this property is $967,742.
What are key features of this property?
This property features: - New 10-year NNN lease with Ally Psychiatry, providing long-term stability; - Secure $75,000 Year 1 Net Operating Income (NOI); - Benefit from a 7.7% unleveraged cap rate with 3% annual rent escalations
More about this property
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