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    1143 1St Ave Birmingham, AL 35233

    For Lease
    $32 SF/Yr

    12,574 SF Move-In Ready Office Space in Birmingham, AL

    Lot size:
    140,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional Class A executive office suite, located in the heart of Birmingham's CBD at 1143 1st Ave S, offers 12,574 square feet of immediately available space. The Denham Building, a beautifully renovated 3-story structure (originally built in 1927, renovated in 2019), boasts impressive 15-foot ceilings and ample natural light. The suite is part of a larger 140,000 square foot building with multiple tenants. This prime location provides convenient access to Regions Field, Railroad Park, UAB's campus, and Birmingham's vibrant arts and cultural scene. The building features 200 parking spaces for tenant and visitor use. The property is zoned MDU for commercial use (APN: 22-00-35-4-018-001.000) and offers robust power capabilities with 480-volt 3-phase power and approximately 2000 amps. The space is ready for immediate occupancy, making it an ideal solution for businesses seeking a prestigious and functional workspace in a thriving urban environment. Delivery is expected in Q1 2024. This is the last remaining available space of this size in the building.

    Property Features for 1143 1St Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    140,000 SF
    Class
    A
    Total Rate
    379166.67

    Building Details

    Year Built/Renovated
    1927/2019
    Stories
    3

    Unit(s) available at that property

    Space
    Suite 113
    Size
    4,737 SF
    Rate per SF
    $32

    HighLights

    • 4,737 SF of space available August 1, 2024, last remaining suite at Denham Building.
    • Exterior signage opportunities available.
    • 24/7 secure building access via SequrTM.
    • Building‑wide Wi‑Fi.
    • Abundant free parking.
    • Pet‑friendly office with dog walk.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Denham Building Apartment Building The Luckie Building Business Center iHeartMedia Advertising Agency Acclinate Research And Product Development Luckie & Company Website Designer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Birmingham
    County
    Shelby
    State
    Alabama
    Longitude
    -86.8158363
    Latitude
    33.5062359

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    FAQs

    What type of property is this?
    Office Property / Space - 12,574 SF Move-In Ready Office Space in Birmingham, AL
    Where is this office property / space located?
    The property is located at 1143 1St Ave Birmingham, AL.
    What is the lease rate?
    The lease rate is $32 SF/Yr.
    What are key features of this property?
    This property features: 4,737 SF of space available August 1, 2024, last remaining suite at Denham Building.; Exterior signage opportunities available.; 24/7 secure building access via SequrTM.
    Request Owner's contact information
    1143 1St Ave Birmingham, AL 35233
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    Birmingham, AL 35233
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1143 1St Ave Birmingham, AL 35233
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