Listed by Shannon Waltchack
$2,181,816
2970 Pelham Parkway Pelham
Details
Property Type Office
Sub Type Medical Office, Medical
Square Footage 4,182
Cap Rate 6.00%
NOI $127,597
Tenancy Single
Brand/Tenant American Family Care
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 07/30/2038
Remaining Term 12.4
Rent Bumps Yes
Lease Options 1, 10-year option
Price per SqFt $522
Broker Co-Op Yes
Class A
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 07/31/2023
Office | 6.0% CAP | 4,182 SqFt
Marketing description
Equipped with ample on-site parking for patients and staff Nearby Shelby Baptist Hospital, multiple industrial business, and other medical parks Strategically situated on Pelham Parkway, this medical office building enjoys high visibility and easy accessibility for patients
Investment highlights
Listing Contacts
Listed by Shannon Waltchack
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$127,597.00
$10,633.08/mo
Valuation Metrics
0
DSCR
5.85%
Cap Rate
5.85%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
