Historical Retail Sale Listing - Cambridge Plaza

Retail For Sale

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Cambridge Plaza

3039 Allison Bonnett Memorial Parkway, Hueytown, AL 35023

N/A

9,600 SF | Retail

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Retail Property - Off Market

Price:
N/A
Gross Leasable Area:
9,600 SF
Property Type:
Retail
Property Sub-type:
Strip Center
Additional Sub-types:
Retail (Other)
Community Center
Specialty Center
Property Use Type:
Investment
Cap Rate:
10.20%
Occupancy:
80%
No. Stories:
1
Tenancy:
Single
Year Built:
1991
Lot Size:
1.23 AC
Listing ID
14478853
Last Updated
over 1 year ago

Highlights

  • Strong Tenants
  • Thriving Market
  • High visibility
  • Hands-Free
  • Little Expenses

Description

This property is a great Investment Opportunity located on a busy corridor in Hueytown, AL. Current tenants include: Wok Cuisine and Replays. This is Wok Cuisine's busiest location in the Birmingham area and they have 10-Year Lease. Their lease rate increased in July. Replays will be renewing their lease this year in October which will provide additional income.

Located off of Allison Bonnett Memorial Drive in Hueytown, AL. A new publix-anchored neighborhood center is being constructed nearby that is helping to serve as an economic catalyst to an already strong market. Directly across from this center is a Pizza Hut, Sonic Drive-In and Habenaros. Over 20,000 cars pass by this center every day, providing incredible visibility to its tenants. Hueytown is a suburb of the fast-growing Birmingham area that has an unemployment rate hovering around 3.6%. Don't miss your chance to enter this thriving market.

Map of 3039 Allison Bonnett Memorial Parkway, Hueytown, AL 35023 (Jefferson County)

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