Investment Overview
The property is offered at $967,742 with a new 10-year NNN lease commencing at close. Base rent is $15.00/SF, generating $75,000 annually ($6,250 monthly). Rent escalates 3% annually, and the tenant covers all expenses
Investment Highlights
- $75,000 Year 1 NOI – secured by national healthcare platform
- 7.7% unleveraged cap rate with built-in annual growth
- Freestanding 5,000 SF building on ±0.11-acre site
- Shelby County ranked among Alabama’s most affluent counties
- Long-term stability from 10-year NNN lease with Ally Psychiatry