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3018 - 3060 Pelham Parkway - Pelham Plaza, Pelham, AL

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3018 - 3060 Pelham Parkway - Pelham Plaza

Pelham, AL 35124 - I-65 Corr/S Shelby County Submarket

Property Type:Retail Sub Type:- Status:Existing Year Built:2004
Building Size:111,175 SF Land Area:10 AC (435,600 SF)
For Sale Price:$6,842,000 Price/SF:$61.54
Cap Rate:9.50 %
Parking:Free Surface spaces are available; Ratio of 3.42/1,000 SF Anchor Tenants:Mi Pueblo Food Center, Standard Furniture Co
Features:Dedicated Turn Lane, Pylon Sign, Signalized Intersection

Excellent location within the Pelham Plaza Shopping Center.

Sale Notes:
108,875 SF 2 Star Retail Neighborhood Center in the
Birmingham market. Both the center and surrounding area have experienced significant improvement over the past 3 years.
Pelham Plaza has invested additional capital with the parking lot, lighting, roofing, and façade, as well as the addition of a new Burger King store to the front outparcel.
Other key tenants include Compass Bank, Dollar General, and H&R Block.

Lee & Associates Commercial Real Estate Services
T. Richard Bryant
(404) 442-2820

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