Listed by Shannon Waltchack
$4,223,014
AFC | Corporate Headquarters | Corporate Guarantee
Details
Property Type Retail
Sub Type Medical, Urgent Care
Square Footage 34,374
Cap Rate 7.01%
NOI $296,111
Tenancy Single
Brand/Tenant American Family Care
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 07/31/2038
Remaining Term 12.1
Rent Bumps Yes
Lease Options 1, 10-year option
Price per SqFt $123
Broker Co-Op Yes
Class A
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 08/01/2023
Retail | 7.01% CAP | 34,374 SqFt
Marketing description
Class A corporate office
National tenant corporate headquarters location
Located in the 280 Corridor, Birmingham’s top suburban office area
14 years remaining on American Family Care Inc. Corporately- backed lease
Below market lease rate
New American Family Care 15-year NNN lease with annual CPI escalations (2% Floor, No Cap)
Investment highlights
Class A corporate office
National tenant corporate headquarters location
Located in the 280 Corridor, Birmingham’s top suburban office area
14 years remaining on American Family Care Inc. Corporately- backed lease
Below market lease rate
New American Family Care 15-year NNN lease with annual CPI escalations (2% Floor, No Cap)
Listing Contacts
Listed by Shannon Waltchack
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$296,111.00
$24,675.92/mo
Valuation Metrics
0
DSCR
7.01%
Cap Rate
7.01%
ROI
Map
Zoning
B-2 CommercialGeneral CommercialGeneral Business District
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View all 60 uses Last updated Mar 30, 2026 For deeper zoning details, reports are available at Zoneomics
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