Inverness Medical Center 202 Inverness Center Dr 20,019 SF 100% Leased Office Building Birmingham, AL 35242 $10,559,739 CAD ($527.49 CAD/SF) 7.27% Cap Rate

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the Inverness Dental & Medical Plaza, a medical office building located at 202 Inverness Center Drive in Birmingham, Alabama (the “Property”). The Property consists of a fully occupied, three-tenant medical office building with 20,019 square feet of space on a 1.46-acre parcel. The medical office building is leased to three reputable dental tenants: Stonecreek Dental, Weissman Orthodontics, and Birmingham Endodontics. All three tenants have over 5 years of term remaining, absolute-triple net leases, personal guarantees in-place, and 2% annual rental increases. Furthermore, all three dental practices have occupied the building since it was originally constructed in 2001. The three tenants specialize in a different sector of the dental industry, resulting in cross synergies between them.
The Property is strategically located within the Inverness Center office park, directly off U.S. Highway 280, one of Birmingham’s most heavily traveled commercial corridors. The medical office building is surrounded by national retailers, restaurants, hotels, and healthcare providers, and is in close proximity to Grandview Medical Center (372-bed hospital), UAB Medicine Inverness, Inverness Family Medicine, and other established medical practices, reinforcing the area’s reputation as a healthcare hub. 202 Inverness Center Drive also benefits from easy access to I-459, the region’s primary beltway, providing convenient connectivity to surrounding communities such as Hoover, Mountain Brook, and Vestavia Hills, as well as Downtown Birmingham. The Inverness area is an affluent, fast-growing suburban community with a strong residential base that supports continued demand for medical and professional services.