(Update: Property now closed 10/19/2021)
Randall Commercial Group, LLC is proud to present for sale this medical sale-leaseback investment opportunity in Birmingham, AL. Seller will sign at closing a 10 year, absolute NNN lease with 2% annual increase and five (5), three (3) year options. This specialty clinic is 1 of OrthoSports Associates’ 13 locations and is ideally located just off of I-65 which experiences exceptional traffic counts of ~130,375 VPD with a 67k+ population over 5 miles. The practice offers state-of-the-art facilities with a highly desirable and essential medical tenant. This property presents an opportunity to acquire a passive commercial real estate investment in a thriving metro location.
- Excellent Nearby Traffic Counts ~ 130,375 VPD on I-65 & ~ 112,410 VPD on I-459 (Source: ESRI 2021)
- Over 67,123+ population within 5 miles (Source: ESRI 2021)
- Prime location within the state’s healthcare hub
- OrthoSports Associates has 13 locations in Birmingham MSA
- Absolute NNN Healthcare Investment Property
- Long-Term Lease (10 years) with renewal options (15 years)