9060-9098 Parkway E - Storefront FOR SALE
Birmingham, AL 35206 |
9060-9098 Parkway E
Birmingham, AL 35206
HIGHLIGHTS
- Excellent opportunity to acquire a large, stabilized shopping center with strong anchor tenants, including Diamond Furniture and Dollar General.
- 9060-9098 Parkway E is currently 81% leased to a mix of national and local tenants, including a Regions Bank ATM and more.
- Two large vacancies provide tremendous upside through strategic lease-up at current market rates.
- Conveniently located off Parkway East and Interstate 59, seeing over 75,000 vehicles passing by daily.
- Over 105,000 residents live within five miles of the property, and the average income within one mile is expected to increase 22% by 2028.
- Birmingham is the perfect investment location as it offers affordability, a strong economy, a strategic location, and development opportunities.
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
High Occupancy Retail Center w/ Value-Add
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
153853
STORIES
1
YEAR BUILT
1959
SPRINKLERS
-
PARKING SPACES
776
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
23-00-01-2-002-004.000
