3700 Cahaba Beach Rd Birmingham, AL 35242

This exceptional investment opportunity presents a 34,374 square foot Class A retail property, currently serving as the corporate headquarters for American Family Care. Located at 3700 Cahaba Beach Rd, Birmingham, AL 35242, in Shelby County's desirable 280 Corridor, this property boasts a strong, national tenant with a 15-year absolute NNN lease commencing August 1, 2023, and expiring July 31, 2038. This leaves a substantial 13.7 years remaining on the lease term. The lease features annual rent increases tied to the CPI, with a 2% floor and no cap, ensuring consistent income growth. The property's current net operating income (NOI) is $296,111, yielding an attractive 7.21% cap rate at an asking price of $4,107,085 ($119.48 per square foot). The tenant, American Family Care, provides a corporate guarantee, mitigating risk. This single-tenant property offers a secure, long-term investment with significant upside potential. The lease includes a 10-year option, further enhancing the investment's longevity and value. This is a rare opportunity to acquire a high-quality, strategically located asset with a blue-chip tenant in a prime Birmingham market.