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Browse More Listings in Office For Sale, Birmingham, AL or Alabama

Office Property For Sale

3570 Grandview Corporate Park

3570 Grandview Parkway, Birmingham, AL 35243

Price:
$5,499,000
Building Size:
24,288 SF
Price/SF:
$226.41
Property Type:
Office
Property Sub-type:
Office-Business Park
Property Use Type:
Net Lease Investment with 5 years left on lease
Cap Rate:
8%
Occupancy:
100%
No. Stories:
2
Building Class:
A
Tenancy:
Multiple
Year Built:
2006
Lot Size:
2.91 AC
Parking Ratio:
4 / 1,000 SF
Find Out More...

Last Verified 11/2/2009 Listing ID 15877127

Description

Brick and sandstone building with limestone accents. Covered drive-through entry.

Building is for sale, but owner will also consider leasing its 12,144 sf space on the ground floor at $23.50 net power and janitorial.

In the upscale, suburban, business park of Grandview Corporate Park on Highway 280.

Financial Summary

Major Tenant Information

Actual
Year
2007
Scheduled Gross Income
$517,446
Effective Gross Income
$517,446
Operating Expenses
$78,092
Net Operating Income
$439,354
Pre-Tax Cash Flow
$439,354

Tenant	SF Occupied	Lease Expired
Strayer University	12,039	6/1/2013
Thornton Homes	11,250	3/1/2013

Map of 3570 Grandview Parkway, Birmingham, AL 35243 (Jefferson County)

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Presented by

Graham & Company, Inc.

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Contact Listing Broker

Claudine Graf (205) 871-7100

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Created 9/3/2008

Additional Information for 3570 Grandview Parkway, Birmingham, AL 35243

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

Comparable Properties for 3570 Grandview Parkway, Birmingham, AL 35243

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Acton Road Office
$1,500,000
6,900 SF

Nearby Office properties for leaseSearch all commercial real estate for lease

Grandview Plaza
$23.50/SF/Year
6,208 SF
Grandview II - 2nd Floor
$23.50/SF/Year
13,710 SF
Grandview II - 3rd Floor
$23.50/SF/Year
1,549 SF
Grandview II
$18.50/SF/Year
10,000 - 35,000 SF
Grandview
$22.00/SF/Year
1,366 SF

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Office Property For Sale - 3570 Grandview Corporate Park

3570 Grandview Parkway, Birmingham, AL, 35243