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
 
        
        
      
           
        
        
      
           
        
        
      
           
        
        
      
           
        
        
      
           
        
        
      
           
        
        
      
           
        
        
      
           
        
        
      
           
        
        
      
           
        
        
      
           
        
        
      
           
        
        
      
           
        
        
      
    