For Sale
$855,000
9190 Parkway Birmingham, AL 35206
High-Cap Rate Storefront, Alabama
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 139
Highlights
- $855,000 asking price for this 1,836 square foot retail storefront.
- 5.90% cap rate with a $50,484 net operating income (NOI).
- Free-standing building on a 0.43-acre lot in Birmingham, Alabama.
- Located on a signalized corner outparcel of a Super Walmart, offering high traffic visibility.
- NN Corporate guaranteed lease with T-Mobile; five-year lease term with two five-year options and 10% rent increases.
- New roof installed in 2023.
Property Details for 9190 Parkway
- Property type
- Retail properties, Retail space
- Square Feet
- 1,836 SF
- Year Built
- 2006
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 18,731 SF
Location Insight
- City
- Birmingham
- County
- Jefferson
- State
- Alabama
- Latitude
- 33.586577470131
- Longitude
- -86.701534954716
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-Cap Rate Storefront, Alabama
- Where is the retail property located?
- The property is located at 9190 Parkway Birmingham, AL.
- What is the asking price?
- The asking price for this property is $855,000.
- What are key features of this property?
- This property features: $855,000 asking price for this 1,836 square foot retail storefront.; 5.90% cap rate with a $50,484 net operating income (NOI).; Free-standing building on a 0.43-acre lot in Birmingham, Alabama.
- How can I contact the broker?
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