300 Riverchase PkwyHoover, AL 35244

This exceptional Class A executive office building, located at 300 Riverchase Parkway East in Hoover, Alabama (a Birmingham suburb), presents a compelling investment opportunity. Situated on approximately 3.9 acres within the Riverchase Business Park, this property boasts 25,600 square feet of well-maintained office space. Built in 1988 and extensively renovated in 2005, the building offers a modern and efficient layout. The property benefits from a highly desirable location, easily accessible from Highway 31 and I-65, providing convenient access for employees and clients. Ample parking is available with 165 spaces. Currently occupied by a publicly traded company with a strong credit rating, this investment offers a stable and predictable income stream. The building's strong financial performance is reflected in its impressive Net Operating Income (NOI) of $323,820 and a 7.20% capitalization rate. The asking price for this prime commercial real estate asset is $4,500,000. This presents a rare opportunity to acquire a high-quality, income-producing property in a thriving business park. The property is located in Shelby County, Alabama, with a zip code of 35244.