Ally Psychiatry - Pelham, AL
Office | 7.70% CAP | 5,000 SqFt
Marketing description
The property is offered at $967,742 with a new 10-year NNN lease commencing at close. Base rent is $15.00/SF, generating $75,000 annually ($6,250 monthly). Rent escalates 3% annually, and the tenant covers all expenses
This 5,000 SF freestanding medical office, built in 1999, is fully occupied by Ally Psychiatry under a new 10-year NNN lease. The property offers modern construction and ample parking, well-suited for behavioral health operations.
As part of the Birmingham metro area, the site draws patients from a wide regional base and benefits from strong proximity to hospitals and established medical infrastructure. The facility produces secure income with annual 3% escalations and tenant-paid expenses, ensuring stable cash flow for investors.
Pelham, Alabama, is a growing city in Shelby County, located along I-65 just south of Birmingham. The community is known for its high quality of life, natural amenities, and expanding medical presence. Healthcare access is anchored by Shelby Baptist Medical Center in nearby Alabaster, a 252-bed facility now part of the Orlando Health system.
Pelham’s central location provides quick access to Birmingham’s major hospitals, including UAB Hospital and Grandview Medical Center. The city’s mix of suburban stability, rising medical demand, and recreational attractions such as Oak Mountain State Park make it a strong location for long-term healthcare operators.
Investment highlights
- $75,000 Year 1 NOI – secured by national healthcare platform
- 7.7% unleveraged cap rate with built-in annual growth
- Freestanding 5,000 SF building on ±0.11-acre site
- Shelby County ranked among Alabama’s most affluent counties
- Long-term stability from 10-year NNN lease with Ally Psychiatry
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