Listed by Graham & Company Birmingham
$1,950,000
Freestanding Riverchase Office Building
Details
Property Type Office
Sub Type Traditional Office
Square Footage 9,962
Cap Rate 7.83%
NOI $152,609
Tenancy Single
Lease Expiration 07/31/2029
Remaining Term 3
Price per SqFt $196
Class A
Buildings 1
Stories 1
Acreage 1.070
Parking Spaces 28 spaces
Parking per 1,000 SqFt 2.81
Occupancy Date 04/01/2026
Freestanding Riverchase Office Building
Marketing description
Freestanding professional office building with upscale finishes
Located off Riverchase Parkway with excellent access to US Hwy. 31 & I-65, Blue Cross/Blue Shield of AL and the City of Hoover's Riverwalk Village Health & Wellness Center
Investment highlights
- 9,962 SF on 1.07 Acres
- 28 parking spaces
- Large private offices, board room, break room, open work areas, and fitness room
- Upscale, high end finishes
- Located in City of Hoover, Shelby County - no occupational tax
Listing Contacts
Listed by Graham & Company Birmingham
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$152,609.00
$12,717.42/mo
Valuation Metrics
0
DSCR
7.83%
Cap Rate
7.83%
ROI
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