For Sale
$735,000
2612 AvenueBirmingham, AL 35218
High-Yielding, Multi-Tenant Investment
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 115
Highlights
- Birmingham MSA: Major Alabama market with high concentration of healthcare jobs and over 1.1 million residents.
- Alabama CON State: Stringent Certificate of Need process limits market entry.
- Strong Demographics: Dense population (109,000+) and high average household income ($63,000) within a 5-mile radius.
- Recession & Pandemic Resilient: Healthcare real estate demonstrates consistent demand.
- Double Net Lease with Rent Increases: Minimal landlord responsibilities and built-in annual rent escalations.
- Long-Term Tenant: DaVita has occupied the property since 2011, paying $5.20/sf.
Property Details for 2612 Avenue
- Property type
- Lifestyle centers, Power centers
- Year Built
- 1960
Location Insight
- City
- Birmingham
- County
- Jefferson
- State
- Alabama
- Latitude
- 33.507007
- Longitude
- -86.902174
2612 Avenue, Birmingham, Alabama
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