4515 Southlake Pkwy
Office | 36,176 SqFt
Marketing description
4515 Southlake Parkway presents a compelling opportunity to acquire a strategically located medical office building suitable for an owner-user, value-add investor, or sale leaseback structure. The property is partially leased to an established medical practice with a lease in place through October 2027, providing immediate income and operational flexibility.
The building offers a unique combination of fully built-out medical space, including procedure rooms and clinical areas, along with remaining shell space that allows a buyer to expand operations, lease additional space, or reposition the asset over time. This offering is well-suited for healthcare users seeking long-term control of their real estate, as well as investors targeting stabilized income with upside.
Investment highlights
Established medical office building located within Hoover’s primary healthcare corridor
Partial income in place from Birmingham Pain Center, an established medical practice, with lease through October 2027
Flexible investment profile suitable for a sale-leaseback, owner-user, or value-add strategy
Favorable NNN lease structure with annual rent escalations
Significant shell space providing immediate expansion opportunity for an owner-user or lease-up upside for an investor
Existing high-quality medical build-out including procedure rooms, exam rooms, and clinical support areas, reducing replacement cost
Renovated building systems and common areas completed in 2016
Strong parking ratio with approximately 134 surface spaces
Fee simple ownership on approximately 2.65 acres
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