Birmingham, AL Office Property For Sale

-The property features:

43,000 SF, multi-tenant, three-story masonry

building

-A 6,000 SF youth sports training facility

-The lot is approximately 3.54± acres with

convenient parking at 3:1 ratio

-The building was renovated in 2010 and 2016

with new electrical work and new HVAC installed.

-New paint, lighting, and carpeting was installed

in 2022

-First and second floor vacant suites recently

renovated

-Tenants incude the Alabama Department of

Correction (ADOC), Birmingham Sports Academy,

tax/real estate professionals, and more

1330 21st Way South is an exceptional, all brick professional office building located in Birmingham’s Highland Park neighborhood. This is an excellent opportunity for either an owner/occupant, or an investor. It is currently set up for eight (8) different tenant suites but can be reconfigure to accommodate either more or less.

- Total building size is 13,350 ± SF

- Rentable office space is 10,662 ± SF

- Surface parking lot includes 15 spaces and plenty of available street parking

- Building includes a basement/parking garage of 2,688 ± SF

- Rentable office space is currently 100% occupied *Current owner would vacate 3,258 square feet on the second floor for a new owner/occupant

- 8 total tenants pay an average of $20.42 per sf Elevator serves all four floors

- Annual NOI of $135,736 based on actual expenses from 2021

7% Cap Rate

+ 2nd floor condo available - 3,300 SF (can be

demised)

+ Convenient access to Highway 280

+ Located within The Offices of Beaumont Village

development off of Valleydale Road

+ Ground floor tenants include: Nationwide &

Valleydale Hearing & Balance Center