334-207-5437
Airport Highway Park - Buildings 1 and 2
Birmingham, AL
Avondale
HIGHLIGHTS
- CREDIT TENANCY: The Property has tenant mix of international, national, and regional companies.
- SUBMARKET STRENGTH: The Eastside industrial submarket features a diverse tenant mix and has a vacancy rate lower than the broader Birmingham market
- MARK TO MARKET OPPORTUNITY: When Trane’s lease expires, they have no remaining renewal options, creating an opportunity to increase NOI
- IOS OR DEVELOPMENT UPSIDE: USPS controls two acres of outdoor yard space. If USPS were to vacate, the landlord could significantly increase revenue
- RECENT LEASING ACTIVITY: In the last 18 months, 80% of the Property has either renewed leases or had new agreements signed.
- MARKET GROWTH: Over the past decade, there have been significant investments and revitalization efforts in the Avondale and Lakeview neighborhoods
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334-207-5437
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334-207-5437
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