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29064574
29064575

2137 Clearbrook Rd, Hoover, AL 35226

BN
AL AL 149579
Goal Realty
Listed by Goal Realty
$609,900
186 days on market
Updated 31 days ago

2137 Clearbrook building

Details
Property Type Office
Sub Type Creative Office, Executive Office (+1)
Square Footage 8,984
Net Rentable (SqFt) 4,482
Units 6
Cap Rate 7.96%
NOI $48,540
Occupancy 100%
Tenancy Multi
Lease Type Net
Rent Bumps Yes
Pro-Forma Cap Rate 11.02%
Pro-Forma NOI $67,230
Price per SqFt $68
Broker Co-Op Yes
Class B
Year Built 1986
Year Renovated 2022
Buildings 1
Stories 1
Zoning OC
Investment Type Value Add
Tenant Credit Credit Rated
Lease Commencement 12/24/2024
Occupancy Date 12/24/2025
Ownership 100

Office | 7.96% CAP | 8,984 SqFt

Marketing description

Excellent opportunity to acquire a well-located multi-unit asset in one of Hoover’s most stable and high-demand commercial corridors. Current in-place rents remain below market, creating immediate and measurable upside through strategic rent repositioning. Building consists of 6 offices, and a full basement for storage.

Market conditions support significantly higher rent rates, offering investors the ability to drive increased cash flow through lease renewals and operational optimization. The property is currently operated with landlord-friendly terms, leaving additional room to enhance NOI through future expense reallocation if desired.

The building has been well maintained, featuring a relatively newer roof and HVAC systems that are in good working condition with consistent service history. Tenants share responsibility for HVAC replacement costs, providing long-term protection against major capital expenditures.

Water service is included, supporting tenant satisfaction and occupancy

Listing Contacts

BN
AL AL 149579
Goal Realty
Listed by Goal Realty

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$48,540.00
$4,045.00/mo

Valuation Metrics

0
DSCR
7.96%
Cap Rate
7.96%
ROI

Map

Zoning

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PRD PlannedPlanned Residential Development
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View all 22 uses
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Last updated Mar 25, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Binh Nguyen
License
AL 149579
Brokerage
Goal Realty llc
Brokerage Phone
2055585030
Brokerage Address
120 Vulcan Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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