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5084 Pinnacle SqBirmingham, AL 35235

249,000 SF Retail Power Center, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 249,000 square foot power center, located at 5084 Pinnacle Sq in Birmingham, Alabama (zip code 35235), presents a compelling investment opportunity. Situated in Jefferson County, this first-class retail center enjoys a dominant position within a major retail corridor, drawing customers from a 15+ mile radius. Its strategic location offers immediate access to I-59 and I-459, key regional transportation arteries. The property boasts a strong tenant base, with 91% of the gross leasable area occupied by national and regional brands. Recent improvements, driven by new ownership, are transforming the center into a family-friendly destination, featuring enhanced amenities such as improved lighting, greenspace for events, and entertainment options. This revitalization is already yielding positive results, with tenant sales experiencing a 21.39% growth from 2019 to 2021, and annual visitor counts reaching 24 million within a 5-mile radius. The center benefits from its proximity to a top-tier shopping center (6th most visited in Alabama, with 5.6 million annual visitors), and the recent Valley Road Extension further enhances accessibility by diverting US Highway 11 traffic directly in front of the property. Attractive lease terms and tenant allowances are available, creating an ideal environment for local businesses to flourish alongside established anchor tenants. The property's impressive 8.4 million square feet of retail within a 5-mile trade area underscores its significant market potential.

Highlights

  • 249,000 square foot power center in Birmingham, AL (35235).
  • Located in a dominant retail corridor with access to I-59 and I-459, drawing customers from a 15+ mile radius.
  • 91% occupancy with national and regional brands.
  • Recent renovations include improved lighting, greenspace, and entertainment options, resulting in a 21.39% tenant sales growth (2019-2021) and 24 million annual visitors within a 5-mile radius.
  • Located near a top-tier shopping center (6th most visited in Alabama) and benefits from the Valley Road Extension improving accessibility.
  • Attractive lease terms and tenant allowances available.

Property Details for 5084 Pinnacle Sq

Property type
Power centers, Retail properties
RSF (Rentable sq. ft)
249,000 SF

Unit(s) available at that property

Space
Suite 1230
Size
2,390 SF
Space
Suite 210
Size
4,050 SF
Space
Suite 410
Size
5,800 SF
Space
Suite 510
Size
4,050 SF
Space
Suite 530
Size
680 SF
Space
Suite 610
Size
5,500 SF
Space
Suite 630
Size
4,000 SF
Space
Suite 915
Size
1,820 SF
Space
Suite 940
Size
3,800 SF
Space
Suite 950
Size
2,000 SF
Space
Suite 1020
Size
6,500 SF
Space
Suite 1505
Size
2,546 SF

Location Insight

City
Birmingham
County
Jefferson
State
Alabama
Latitude
33.603904189439
Longitude
-86.644477956632
5084 Pinnacle Sq, Birmingham, Alabama

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5084 Pinnacle Sq
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