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Early Autism Services | Therapy Center 151 Narrows Pky 4,300 SF 100% Leased Office Building Birmingham, AL 35242 $1,190,000 ($276.74/SF) 7.23% Cap Rate
Investment Highlights
- Long-Term Lease: Fully leased to Early Autism Services LLC with a 7.25-year NN+ lease, with 3% annual increases.
- Excellent Visability: Approximately 48,969 VPD on Hwy 280 near the property (Source: AL DOT)
- Passive Structure: LL Responsibilities mitigated by new roof installed in 2023
- Established & Growing Tenant: Early Autism Services was established in 2008 and now provides comprehensive autism treatment services at 15 locations a
- Chelsea's Rapid Population Growth: Chelsea, AL, is growing at 3–4% annually (15,731–16,771 in 2023 to ~17,921 by 2025), outpacing Alabama’s 0.26–0.7%
Executive Summary
Randall Commercial Group, LLC is pleased to offer for sale a single-tenant medical investment property located in Birmingham, Alabama. This investment opportunity is fully leased to Early Autism Services, which signed a new 7.25-year NN+ lease. Rent is scheduled to commence on January 1, 2026. The tenant is growing national provider Autism therapy services (Source: https://www.earlyautismservices.com/). The property has excellent visibility from HWY 280 in the growing Chelsea submarket.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
4,300 SF
Building Class
B
Year Built
2001
Price
$1,190,000
Price Per SF
$276.74
Cap Rate
7.23%
NOI
$86,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,300 SF
Building FAR
0.08
Lot Size
1.20 AC
Zoning
CPO - Commercial Professional Office
Parking
11 Spaces (2.56 Spaces per 1,000 SF Leased)
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Narrows Health & Wellness
- Health Care and Social Assistance
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Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Narrows Health & Wellness | Health Care and Social Assistance | - | - | Lorem Ipsum | Jan 0000 |
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Property Taxes
| Parcel Number | 09-4-20-1-004-004-004 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $757,340 |
Property Taxes
Parcel Number
09-4-20-1-004-004-004
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$757,340
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Early Autism Services | Therapy Center | 151 Narrows Pky
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