122 7Th Ave Alabaster, AL 35007

This exceptional two-story medical office building presents a compelling investment opportunity in Alabaster, Alabama. Located directly across from Shelby County's largest hospital, a 252-bed medical center, this 10,060 square foot property boasts a 100% occupancy rate with four tenants under gross leases. The building features a new roof (2022), updated HVAC systems, an elevator, 40 parking spaces, and a prominent monument sign. Its prime location offers easy access from Highway 31, with a traffic light ensuring convenient ingress and egress. The high traffic count of 26,000 cars per day on Highway 31, combined with abundant nearby shopping and restaurants, creates a highly desirable environment. The property sits on a spacious 10,060 square foot lot, providing ample parking in a level, easily accessible area. The building benefits from built-in rent bumps and a strong net operating income (NOI) of $148,519, resulting in a 6.75% capitalization rate at an asking price of $2,200,000. Alabaster's ranking as the 8th best school district in Alabama and its designation as one of the fastest-growing cities, with over 345,000 residents within a five-mile radius, further underscores the property's exceptional investment potential. This is a low-risk, recession-resistant investment in a high-growth area.