1121 Huffman Rd - Freestanding FOR SALE


Birmingham, AL 35215- Spring Lake
$75,000 USD
301-706-4619
1121 Huffman Rd, Birmingham, AL for Sale
$75,000 USD
Freestanding - FOR SALE
1/12
null | Request Cap Rate

1121 Huffman Rd
Birmingham, AL 35215
Spring Lake


HIGHLIGHTS

  • ABSOLUTE $1 AUCTION | Former AutoZone | Birmingham, AL | AUCTION MARCH 23-25
  • ±5,374 SF Value-Add Retail (Former AutoZone) in Birmingham Available at Substantial Discount Below Replacement Cost
  • ±33,471 VPD Traffic Counts on Parkway East and Near Signalized Intersection with ±16,998 VPD on Springville Road | ±1.7-Miles from I-59 (±53K VPD)
  • Neighboring National Retailers: McDonald’s, Walmart, Chick-fil-A, CVS, Aldi, Family Dollar, Burger King, Dollar General, Dollar Tree, Harbor Freight
  • Dense Demographics with 3-Mile Population of 50,263 Individuals and 5-Mile Population of ±101,828 with Average Household Income of ±$63K
  • Zoning: C-2, General Commercial District allowing Flexibility and a Variety of Commercial Uses

OVERVIEW

Marcus & Millichap is pleased to present a vacant, free-standing retail building located at 1121 Huffman Road in Birmingham, Alabama 35215 (the “Property”). Formerly occupied by AutoZone, the Property is being offered significantly below replacement cost, providing an excellent opportunity for owner/users or investors to acquire a highly visible and strategically positioned asset at a significant discount. FIRST BID MEETS RESERVE! The Property consists of an approximately ±5,374-square-foot, single-story free-standing retail building situated on ±0.41 acres with ample parking spaces. Previously leased to AutoZone on a triple-net (NNN) basis, the Property presents a value-add opportunity through lease-up at long-term market rents, with CoStar estimating retail rental rates in the range of $10-13/SF Retail. Zoned C-2, General Commercial District, the Property accommodates a wide range of commercial uses, enhancing its appeal to both a diverse variety of end-users and investors alike. Disclaimer: The Seller does not have a survey – building size, parcel size and outline obtained from City of Birmingham and CoStar. Birmingham, Alabama is the economic center of north-central Alabama and the anchor of the Greater Birmingham metro (±1.18M people), offering developers scale, workforce depth, and diversified demand drivers. The market is a proven logistics node at the crossroads of I-20/59 and I-65, supporting industrial and distribution activity with access to major Southeast trade lanes. Birmingham’s employment base is led by healthcare/education and corporate services, including the University of Alabama at Birmingham (UAB), which reports 28,000+ employees across its university and hospital entities. The Property benefits from visibility and access on Hoffman Road with proximity near the signalized intersection of Parkway East (±33,471 VPD) and Springville Road (±16,998 VPD) within a dense and established commercial area. Retail activity is further supported by strong nearby national and local retailers including McDonald’s, Walmart, Chick-fil-A, CVS, Aldi, Family Dollar, Burger King, Dollar General, Dollar Tree, Harbor Freight, Wendy’s, Church’s, Sonic, American Deli, and more. The Property is positioned within a dense trade area, serving ±101,828 residents with an average household income of $63,125 within a 5-mile radius.

FOR SALE DETAILS

PRICE

$75,000 USD

PRICE/SF

$14 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

$1 Auction - REIT Sale | Former AutoZone

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

CB2

APN/PARCEL ID

12-00-30-3-001-007.000

ASK ABOUT THIS PROPERTY

Adam SklaverMarcus & MillichapMore Info
301-706-4619

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Adam SklaverMarcus & MillichapMore Info
301-706-4619

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