350 Payton Way Leeds, AL 35094
This exceptional 3,737-square-foot single-tenant space, available for lease, is ideally suited for medical, dental, or executive office use, and even a showroom. Located in Jefferson County, this move-in ready property boasts attractive finishes and was previously utilized as a physical therapy clinic. The space became available February 1st, 2022 and is currently entirely vacant. Its strategic location offers unparalleled convenience and visibility. Situated near UAB Medicine, the property benefits from excellent access to I-20. Furthermore, its proximity to popular retail destinations such as Buc-ee's, Grand River Outlet, Bass Pro Shops, and Barber Motorsports Park, along with the new Grand River residential development, ensures high traffic and strong potential for client acquisition. The asking rental rate is $20.00 per square foot, NNN. This presents a rare opportunity to secure a high-quality, well-located space in a thriving area. The property type is classified as Retail and Office.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.