Listed by Veritas
$5,181,306
Fully leased MOB in Birmingham, AL MSA
Details
Property Type Office
Sub Type Medical Office
Square Footage 28,600
Net Rentable (SqFt) 28,600
Cap Rate 7.5%
NOI $388,598
Occupancy 100%
Tenancy Multi
Brand/Tenant Fresenius Kidney Care
Price per SqFt $181
Broker Co-Op Yes
Class B
Year Built 1995
Year Renovated 2012, 2019
Buildings 1
Stories 2
Acreage 6.560
Zoning B2
Investment Type Sale/Leaseback
Office | 7.50% CAP | 28,600 SqFt
Marketing description
Situated on 6.56 acres with visibility from I-65. Located just south of Birmingham, still in the MSA.
Investment highlights
Fully leased two story medical office building for sale. Low sale price per sf with below market rents.
Listing Contacts
Listed by Veritas
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$388,598.00
$32,383.17/mo
Valuation Metrics
0
DSCR
7.5%
Cap Rate
7.5%
ROI
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Tax History
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