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122-144 7th Ave NE
Alabaster, AL 35007
Dental Arts Building · Office Property For Sale
Investment Highlights
- Current Income of $64,000 per year for Rev One, LLC
- Anchor Tenant in place long term.
Executive Summary
Ideal for Medical Owner / User / Investor.
7,410 Sq. Ft. Available for Immediate Occupancy
2,650 Sq. Ft. Leased until December 31, 2032 at $5,000 per month.
ProForma Gross Income: $223,020 / YEAR.
Property Taxes: $14,377 per year.
30,000 +,- Sq. Ft. Lot.
New Roof 2022.
Updated HVAC.
40 Parking Spaces
Prominent location with Monument Sign
Walk across street to the Medical Center Entrance.
Traffic light allows easy access from Highway 31.
Abundance of shopping and restaurants nearby.
Level Parking Area offers easy front door parking.
Over 345,000 residents located within 5 miles.
Value add, high growth, low risk opportunity.
7,410 Sq. Ft. Available for Immediate Occupancy
2,650 Sq. Ft. Leased until December 31, 2032 at $5,000 per month.
ProForma Gross Income: $223,020 / YEAR.
Property Taxes: $14,377 per year.
30,000 +,- Sq. Ft. Lot.
New Roof 2022.
Updated HVAC.
40 Parking Spaces
Prominent location with Monument Sign
Walk across street to the Medical Center Entrance.
Traffic light allows easy access from Highway 31.
Abundance of shopping and restaurants nearby.
Level Parking Area offers easy front door parking.
Over 345,000 residents located within 5 miles.
Value add, high growth, low risk opportunity.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
10,060 SF
Building Class
B
Year Built/Renovated
1980/2022
Price
$2,308,600 CAD
Price Per SF
$229.48 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,030 SF
Slab To Slab
9’
Building FAR
0.33
Lot Size
0.69 AC
Zoning
B-3 - City of Alabaster
Parking
40 Spaces (3.98 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Central Heating
- Direct Elevator Exposure
- Drop Ceiling
- Air Conditioning
- Balcony
Property Taxes
| Parcel Number | 13-7-35-4-001-002-001 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $371,272 CAD |
Property Taxes
Parcel Number
13-7-35-4-001-002-001
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$371,272 CAD
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