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Property profile & analytics
OFF-MARKET
Office Spaces

25 Bear Pkwy Lincoln, AL 35096

3,726 SF 0.72 ac lot Built 2022
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a brand-new, Class A medical office building in Lincoln, Alabama. The property, totaling 3,726 square feet, is 100% occupied by Fast Pace Health under a triple-net (NNN) lease with a remaining term of 13.4 years. The lease commenced November 20, 2022, and expires March 30, 2038, with three five-year renewal options. Rent increases of 10% are built into the lease every five years, providing strong future income growth. The property boasts a 6.35% cap rate and a net operating income (NOI) of $170,000, with an asking price of $2,677,000 ($718.46 per square foot). Situated on a 0.723-acre lot, the single-story building was constructed in 2022. The property's strategic location is less than a mile from the Honda Manufacturing of Alabama plant and benefits from Lincoln's growing residential population and ongoing infrastructure improvements. This is a compelling investment in a thriving medical office sector, offering long-term stability and significant upside potential. The property is located at 25 Bear Pkwy, Lincoln, AL 35096.

Property profile
Verified
Property type Office Spaces
Year built 2022
Total area 3,726 SF
Lot 0.72 ac (31,494 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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