202 Inverness Center Dr, Birmingham, AL 35242

THE ASSET: The Inverness Dental & Medical Plaza consists of a three-story, 20,019 square foot multi-tenant medical building constructed in 2001 on a 1.46-acre parcel with ample on-site parking. The Property is fully occupied by three dental tenants: Stonecreek Dental, Weissman Orthodontics, and Birmingham Endodontics. All three tenants signed twelve (12) year leases in 2019, which currently have over 5 years of term remaining.

ATTRACTIVE RENT INCREASES: All three leases call for attractive 2% annual rent increases through their entire terms, providing the investor with an attractive increase in revenue and hedge against inflation.

100% OCCUPIED AND E-COMMERCE RESISTANT INVESTMENT: The building is 100% occupied and benefits from an internet-resistant lineup of dental tenants. With consistent demand for preventative, restorative, and cosmetic dental services across all age groups, along with strong local demographics, the need for brick-and-mortar dental offices will continue to grow. This sector is largely unaffected by recessions, and the requirement for in-person care and procedures cannot be fulfilled through e-commerce or telehealth.

STRATEGIC LOCATION: The medical office building is strategically located within the Inverness Center office park, directly off US Highway 280, one of Birmingham’s most prominent commercial corridors. The Property is surrounded by a strong mix of national retailers, restaurants, medical providers, and professional offices, drawing from both local residents and the broader Birmingham metro. US 280 provides excellent connectivity to major residential communities, including Inverness, Hoover, and Mountain Brook, as well as convenient access to Downtown Birmingham and the region’s hospital network.

HEALTHCARE HUB: The Inverness area has established itself as a growing center for healthcare services, with numerous medical practices, specialty providers, and outpatient facilities located nearby. The Property is in close proximity to Grandview Medical Center (372-bed hospital), UAB Medicine Inverness and Inverness Family Medicine, along with a concentration of dental and specialty care offices within the office park and surrounding corridor. This cluster of providers reinforces the area’s role as a healthcare hub, ensuring steady patient traffic and supporting the long-term viability of medical office space.

THE SUMMIT: Located just minutes from the Property, The Summit is Birmingham’s premier retail and lifestyle destination, drawing thousands of shoppers daily from the metro area. With nearly one million square feet of national retailers, restaurants, and entertainment venues, it acts as a major economic engine for the corridor. The center drives consistent traffic, supports surrounding businesses, and strengthens demand for medical and professional services in the Inverness submarket, making the area a proven commercial hub for long-term investment.

STRONG DEMOGRAPHICS: More than 45,200 people live within a 3-mile radius of the Property with an average household income of $151,557. More than 98,300 people within 5 miles of the Property with an average household income of $181,820. Additionally, there are more than 39,400 employees within 3 miles of the Property.

TRAFFIC COUNTS: Inverness Dental & Medical Plaza is situated just off of US Highway 280, which sees over 86,100 vehicles per day at the intersection with Inverness Center Drive.

TRADE AREA: Additional businesses and retailers driving traffic to the area include The Home Depot, Target, Winn-Dixie, Kohl’s, TJ Maxx, Aldi, Walgreens, Marshalls, Academy Sports + Outdoors, PetSmart, McDonald’s, Wendy’s, Panda Express, Whataburger, Popeyes, Firestone, Mavis, Taco Bell, Arby’s, Chick-fil-A, Sleep Number, New Balance, Men’s Wearhouse, Chase Bank, Chuck E. Cheese, MAPCO, Cadence Bank, AT&T, Starbucks, Take 5 Car Wash, Regions Bank, Planet Fitness, Synovus Bank, Schlotzsky’s, PNC Bank, and many others.