4501 Southlake Pkwy 300 Hoover, AL 35244-3644

This exceptional Class A medical office building, located at 4501 Southlake Parkway, Hoover, Alabama 35244, presents a compelling investment opportunity. The property encompasses 7,240 square feet, divided into two suites, and boasts a strong 100% occupancy rate. Currently under a Net Lease (NNN) agreement with a credit-rated tenant, the lease commenced June 18, 2021, and extends to June 17, 2033, offering a substantial remaining lease term of approximately 8.6 years, with a single 5-year renewal option. The building, constructed in 2011, is a two-story structure with ample parking (65 spaces per 1,000 sq ft). The property generates a significant Net Operating Income (NOI) of $215,869, resulting in an attractive 6.50% capitalization rate. The asking price is $3,320,000, translating to a price per square foot of $458.56. Situated in a high-traffic area with over 26,000 cars passing daily, this investment benefits from excellent visibility and accessibility. The property's location within Shelby County, Alabama, offers proximity to numerous developments along Valleydale Road, further enhancing its long-term value and potential. This stabilized healthcare investment presents a rare opportunity for long-term growth and passive income generation.