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151 Narrows Pky
Birmingham, AL 35242
Early Autism Services | Therapy Center · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Long-Term Lease: Fully leased to Early Autism Services LLC with a 7.25-year NN+ lease, with 3% annual increases.
- Excellent Visability: Approximately 48,969 VPD on Hwy 280 near the property (Source: AL DOT)
- Passive Structure: LL Responsibilities mitigated by new roof installed in 2023
- Established & Growing Tenant: Early Autism Services was established in 2008 and now provides comprehensive autism treatment services at 15 locations a
- Chelsea's Rapid Population Growth: Chelsea, AL, is growing at 3–4% annually (15,731–16,771 in 2023 to ~17,921 by 2025), outpacing Alabama’s 0.26–0.7%
EXECUTIVE SUMMARY
Randall Commercial Group, LLC is pleased to offer for sale a single-tenant medical investment property located in Birmingham, Alabama. This investment opportunity is fully leased to Early Autism Services, which signed a new 7.25-year NN+ lease. Rent is scheduled to commence on January 1, 2026. The tenant is growing national provider Autism therapy services (Source: https://www.earlyautismservices.com/). The property has excellent visibility from HWY 280 in the growing Chelsea submarket.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
4,300 SF
Building Class
B
Year Built
2001
Price
$1,661,145 CAD
Price Per SF
$386.31 CAD
Cap Rate
7.23%
NOI
$120,049 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,300 SF
Building FAR
0.08
Lot Size
1.20 AC
Zoning
CPO - Commercial Professional Office
Parking
11 Spaces (2.56 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 09-4-20-1-004-004-004 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,067,933 CAD |
PROPERTY TAXES
Parcel Number
09-4-20-1-004-004-004
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,067,933 CAD
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