5919 Trussville Crossings PkwyBirmingham, AL 35235

  • Retail properties
  • 214,129 SF
For Lease

Property Details for 5919 Trussville Crossings Pkwy

Year built
1999
Lot size
17.94 AC
Property size (Sq ft)
214,129 SF
Zone code
PUD
Property type
Retail properties
Property subtype
Other retail properties
APN
12-00-15-4-000-031.001
APU
1200154000031001

Description

This exceptional retail opportunity is located at 5919 Trussville Crossings Pkwy, Birmingham, AL 35235, within the thriving Trussville Promenade shopping center in Jefferson County. The property offers a total of 463,556 square feet of retail space, currently featuring six suites. There are 12,411 square feet of vacant space available, divisible into units ranging from a minimum of 1,200 square feet to a maximum contiguous space of 2,800 square feet. The Trussville Promenade is strategically situated off Exit 141 on Route 59, benefiting from high visibility and accessibility. This dominant retail node in northern Trussville boasts a strong national tenant roster, including well-known retailers such as Walmart, Kohl's, Marshalls, Ross Dress for Less, PetSmart, Big Lots, Regal Cinemas, and Dollar Tree. The property's location within this established center provides immediate access to a significant customer base and ensures high foot traffic. This presents a unique opportunity for businesses seeking a prime retail location in a thriving Alabama market. The property is classified as suburban retail and offers multiple tenancy options. Interested parties should inquire about available suite sizes and lease terms.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $66,575,148
    6.5%
    $61,453,984
    7%
    $57,064,412
  • Comparable approach

    Method
    Valuation
    Relative Method
    $87,896,256
    Geo Method
    $105,255,368
  • Alternative Use

    Use
    Valuation
    Residential
    $51,838,736
    Hospitality
    $47,484,004
    Educational
    $39,506,132
    Medical
    $40,864,808
    Retail
    $61,453,984
5919 Trussville Crossings Pkwy, Birmingham, Alabama

Location Insight

City
Birmingham
County
Jefferson
State
Alabama
Latitude
33.6394
Longitude
-86.6294
CBSA code
13820
CBSA name
BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$189,805
$965,872
$2,951,368
$3,917,240
-
$4,298,100
$13,133,500
$17,431,600

FAQs

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