Ally Psychiatry - Pelham AL

333 Business Cir, Pelham, AL 35124

Property Information

  • For Sale $967,742
  • Property Type Office - General Office
  • Property Size 5,000 SF
  • Lot Size 0.12 Acre
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1999
  • Date Updated Mar 11, 2026

Description

This 5,000 SF freestanding medical office, built in 1999, is fully occupied by Ally Psychiatry under a new 10-year NNN lease. The property offers modern construction and ample parking, well-suited for behavioral health operations. As part of the Birmingham metro area, the site draws patients from a wide regional base and benefits from strong proximity to hospitals and established medical infrastructure. The facility produces secure income with annual 3% escalations and tenant-paid expenses, ensuring stable cash flow for investors. Pelham, Alabama, is a growing city in Shelby County, located along I-65 just south of Birmingham. The community is known for its high quality of life, natural amenities, and expanding medical presence. Healthcare access is anchored by Shelby Baptist Medical Center in nearby Alabaster, a 252-bed facility now part of the Orlando Health system. Pelham’s central location provides quick access to Birmingham’s major hospitals, including UAB Hospital and Grandview Medical Center. The city’s mix of suburban stability, rising medical demand, and recreational attractions such as Oak Mountain State Park make it a strong location for long-term healthcare operators.The property is offered at $967,742 with a new 10-year NNN lease commencing at close. Base rent is $15.00/SF, generating $75,000 annually ($6,250 monthly). Rent escalates 3% annually, and the tenant covers all expenses

Highlights

  • $75,000 Year 1 NOI – secured by national healthcare platform
  • 7.7% unleveraged cap rate with built-in annual growth
  • Freestanding 5,000 SF building on ±0.11-acre site
  • Long-term stability from 10-year NNN lease with Ally Psychiatry
  • Shelby County ranked among Alabama’s most affluent counties

Contacts

Benjamin Bivens

Lee & Associates - Charlotte

Location

Contact Listing Broker
Benjamin Bivens

Lee & Associates - Charlotte

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