2024 3rd Avenue North

Birmingham, Alabama 35203

Downtown Office Investment For Sale

Building Size: 21,000 SF

Asking Price: $3,975,000 ($189 PSF)

Sale Details:

  • 21,000 square foot office building currently being operated as executive office suites.

  • 54 individual office suites are currently 88.4% occupied

  • Total annual rent at 88% occupancy is $397,800

  • Total annual expenses are $62,412

  • Actual NOI is $335,388

  • 8.4% cap rate

Contact Rich Vanchina to schedule a tour or learn more.

Listed by Rich Vanchina, SIOR

Cell: 205-492-3137

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