1500 19th St S - Medical FOR SALE


Birmingham, AL 35205- Five Points South
$3,600,000 USD
714-356-2682
1500 19th St S, Birmingham, AL for Sale
$3,600,000 USD
Medical - FOR SALE
1/30
null | 7.69% Cap Rate

1500 19th St S
Birmingham, AL 35205
Five Points South


HIGHLIGHTS

  • 100% Occupied – Leased to U.S. Oral Surgery Management (dba Clark Holmes Smith Oral Facial)
  • Parent Guaranteed Lease – Guaranteed by U.S. Oral Surgery Management, LLC, which supports 180+ practices across 26 states
  • NNN Lease Structure – Minimal landlord responsibilities
  • Attractive Lease Terms – 2.5% annual rental increases with two (5-year) renewal options
  • Recent Capital Improvements – Renovated in 2019, full roof replacement in 2021, and elevator modernization in 2023
  • Recent Capital Improvements – Renovated in 2019, full roof replacement in 2021, and elevator modernization in 2023

OVERVIEW

Cook Commercial Partners is pleased to present the STNL U.S. Oral Surgery Management (dba Clark Holmes Smith Oral Facial) facility in Birmingham, Alabama. This 15,209-square-foot, built-to-suit, single-tenant property is 100% occupied under a corporate-guaranteed lease with U.S. Oral Surgery Management, LLC. This investment offers a stable income stream with just under five years remaining on the new ten-year lease, which is guaranteed by USOSM. The lease features 2.5% annual rent increases, ensuring consistent growth, along with two 5-year renewal options. U.S. Oral Surgery Management (USOSM) is the nation’s leading specialty management services organization for oral and maxillofacial surgery, supporting 180+ practices across 26 states. USOSM provides operational and financial resources while preserving clinical autonomy, enabling surgeons to focus on delivering exceptional patient care.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$237 USD /SF

CAP RATE

7.69%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1500 Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.64 AC

LAND SF

27,878 SF

ZONING

R5

APN/PARCEL ID

28-00-06-3-022-017.001,28-00-06-3-022-018.000

ASK ABOUT THIS PROPERTY

Kassidy SevillaCook Commercial PartnersMore Info
714-356-2682

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Kassidy SevillaCook Commercial PartnersMore Info
714-356-2682

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.