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For Sale

Single Tenant NNN Medical Investment

151 Narrows Parkway,
Birmingham, AL 35242

Asset Snapshot

Community Center
Office Subtype
1.20 Acres
Land Area
100%
Occupancy

Offering Summary

Investment Overview

Exclusive opportunity to acquire 151 Narrows Parkway Building #1, a ±4,300-square-foot medical office building on approximately 1.2 acres. The property is 100% leased to Early Autism Services, a national provider of Applied Behavior Analysis (ABA) therapy for children with autism spectrum disorder. The property is part of The Narrows, an established medical and office campus with prime visibility along the US Highway 280 corridor (41,905 VPD) in unincorporated Shelby County, alongside Azia Medical Spa, Benchmark Physical Therapy and Narrows Podiatry.


Investment Highlights

  • Long-term, single tenant lease in place
  • ±4,300 SF building on ±1.2 acres
  • Visibility from US Hwy 280 (41,905 VPD)
  • New roof installed in 2023
  • 7.25-year initial term (±6.2 years remaining)
  • NNN structure
  • Two (2) five-year renewal options
  • 3% annual increases in Base Rent
  • Rent commencement: January 1, 2026

How it Works

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Listing Syndicated From

Buildout
Accepting Offers
$1,213,278
Asking Price

Investment Sales Broker

Casey Howard
Cushman & Wakefield / EGS Commercial Real Estate

Market Insights