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Birmingham Pain Center 4515 Southlake Pky 36,176 SF 100% Leased Office Building Birmingham, AL 35244 $5,000,000 ($138.21/SF)
Executive Summary
4515 Southlake Parkway presents a compelling opportunity to acquire a strategically located medical office building suitable for an owner-user, value-add investor, or sale-leaseback structure. The property is partially leased to an established medical practice with a lease in place through October 2027, providing immediate income and operational flexibility.
The building offers a unique combination of fully built-out medical space, including procedure rooms and clinical areas, along with remaining shell space that allows a buyer to expand operations, lease additional space, or reposition the asset over time. This offering is well-suited for healthcare users seeking long-term control of their real estate, as well as investors targeting stabilized income with upside.
The building offers a unique combination of fully built-out medical space, including procedure rooms and clinical areas, along with remaining shell space that allows a buyer to expand operations, lease additional space, or reposition the asset over time. This offering is well-suited for healthcare users seeking long-term control of their real estate, as well as investors targeting stabilized income with upside.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
36,176 SF
Building Class
B
Year Built/Renovated
1991/2016
Price
$5,000,000
Price Per SF
$138.21
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
12,059 SF
Slab To Slab
12’
Building FAR
0.31
Lot Size
2.65 AC
Zoning
PC - PC - Planned Commercial
Parking
78 Spaces (2.16 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Storage Space
- Central Heating
- Natural Light
Property Taxes
| Parcel Number | 10-4-20-0-001-009-006 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,037,780 |
Property Taxes
Parcel Number
10-4-20-0-001-009-006
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,037,780
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Birmingham Pain Center | 4515 Southlake Pky
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