- For Sale $1,750,000
- Property Type Office
- Property Size 9,600 SF
- Lot Size 1.24 Acre
- Cap Rate % 6.5
- Date Updated Jul 3, 2026
- Visibility/Traffic Count (VPD) 34,638
Description
Investment Sale - well below market value and replacement cost ■ 8 Year Corporate Guaranty ■ Absolute NNN lease with 1.75% annual increases until 11/1/24 then tied to CPI ■ 3 (5 year) options to renew ■ Ample on-site parking for employees & customers ■ Excellent location on Highway 31 along a dense retail corridor. ■ Just 1 mile from I-65, 2.5 miles from I-459 and easily accessible to all of metropolitan Birmingham. ■ Traffic count in front of site: 34,638 VPD
Offering Summary Sale Price: $1,750,000 Price/SF: $182 Cap Rate: 6.5% 2023 NOI: $113,712 Lot Size: ± 1.24 Acres Building Size: 9,600 SF Built/Renovated: 1997/2018 Lease Term: 8 Yrs (Exp. 10/31/30) Market: Birmingham Submarket: Hoover
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Contacts
Hydinger & Stewart Commercial Properties
Location
Located at 1820 Southpark Dr, Hoover, AL 35244, this property is part of the Gables - Sterling Oaks neighborhood and Birmingham market.
Hydinger & Stewart Commercial Properties
