The Tower

Investment Overview

9 Story Office Building for Sale on Beacon Parkway atop Red Mountain offering Incredible views and ample parking. Value add opportunity through lease up or residential conversion. Recent Capex improvements including new roof, exterior paint, and HVAC upgrades. 236 parking spaces.

Investment Highlights

• Amazing views from Red Mountain.
• Ample Parking and very short drive to I-65. Easy access to Red Mountain Expressway, Hwy 280, Hwy 31.
• Most of the current tenants are UAB affiliated.
• Surrounded by neighboring office buildings, mid rise condos, apartments, and retail.
• Close proximity to Edgewood. One of the areas most desirable neighborhoods.
• Currently zoned C-2 General Commercial which would allow for residential conversion.
• 42.9% current occupancy. WALT = 2.1 yrs.