122 7th Ave NE Alabaster, AL 35007
Medical office building with immediate occupancy and long-term lease income.
Type:Office
Property size:
10,060 SFLot size:
0.69 Acres- Added:
- May 15, 2023
- Days on Market:
- 1070
- Last Refresh:
- Mar 17 at 1:24 pm
Property Features for 122 7th Ave NE
General Information
- Standard status
- Active
- Size
- 10,060 SF
- Lot size
- 0.69 Acres
- Property subtype
- Office
Listing agent Mark Dinan License #AL 000044694
Listing office Mark Dinan Commercial & Investment Real Estate
Listing date May 15, 2023
Source Crexi
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 Mark Dinan Commercial & Investment Real Estate
Overview
Medical Office Building For Sale
This commercial property is ideal for a medical owner, user, or investor. The building offers 7,410 square feet available for immediate occupancy, with an additional 2,650 square feet currently leased until December 31, 2032, at $5,000 per month. The pro forma gross income is $223,020 per year. The property tax is $14,377 per year. Situated on a 30,000 square foot lot, the property features a new roof installed in 2022 and updated HVAC. There are 40 parking spaces available. The location is prominent, with a monument sign and proximity to the medical center entrance across the street. A traffic light facilitates easy access from Highway 31. The area offers an abundance of shopping and restaurants. The level parking area provides convenient front door parking. Over 345,000 residents are located within a 5-mile radius. This property represents a value-add, high-growth, low-risk opportunity.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Alabaster Aesthetic Dentistry-Dr. ...
Dental Office
Baugh Temple
Dental Office
SouthernCare New Beacon ...
Nursing Home
Penfield Orthodontics
Dental Office
Penfield Orthodontics: Penfield ...
Dental Office
Similar Places Nearby
- Alabaster Animal Clinic — 1378 1st St N, Alabaster, AL 35007
Location Insight
- Map
- Local Demand
- City
- Alabaster
- County
- Shelby
- State
- Alabama
- Longitude
- -86.8167292
- Latitude
- 33.2526258
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - Medical office building with immediate occupancy and long-term lease income.
Where is this medical office space located?
The property is located at 122 7th Ave NE Alabaster, AL.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Ideal for Medical Owner/User/Investor due to proximity to Medical Center Entrance across the street.; Significant Income: $5,000 per month from existing lease until December 31, 2032.; **High Visibility: Prominent location with Monument Sign and easy access from Highway 31 via traffic light.**
