5501 Academy Way - Department Store FOR SALE


Bessemer, AL 35022
$4,998,000 USD
949-244-6644
5501 Academy Way, Bessemer, AL for Sale
$4,998,000 USD
Department Store - FOR SALE
1/1
null | 6.7% Cap Rate

5501 Academy Way
Bessemer, AL 35022


OVERVIEW

The subject property is highly visible and easily accessible along Academy Drive 19,345 VPD the last on/off ramp along Interstate 20 (48,450 VPD) located at the southernmost portion of Bessemer, AL. The subject property benefits from significant retail synergy in the immediate vicinity with major national brands Amazon, Walmart Supercenter, ALDI, and Tractor Supply Co all in the immediate vicinity. Harbor Freight is conveniently located directly across the street from Premiere Pkwy the entrance road to Bessemer City School (2,972 students).

FOR SALE DETAILS

PRICE

$4,998,000 USD

PRICE/SF

$333 USD /SF

CAP RATE

6.7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,351 SF

ZONING

C4

APN/PARCEL ID

37-00-24-4-000-014.000

ASK ABOUT THIS PROPERTY

Matt BerresNewmarkMore Info
949-244-6644

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Matt BerresNewmarkMore Info
949-244-6644

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