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151 Narrows Pky
Birmingham, AL 35242
Early Autism Services | Therapy Center · Office Property For Sale

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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
Medical
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

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
  • Listing ID: 38153255

  • Date on Market: 2025-10-21

  • Last Updated:

  • Address: 151 Narrows Pky, Birmingham, AL 35242

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