This property is Off-Market

3039 Allison Bonnett Memorial Parkway
Hueytown, AL 35023 ·

9,600 SF · Retail For Sale

N/A

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Cambridge Plaza

Price N/A Occupancy 80%
Gross Leasable Area 9,600 SF No. Stories 1
Property Type Retail Tenancy Single
Property Sub-type
Strip Center
More...
  • Retail (Other)
  • Community Center
  • Specialty Center
Year Built 1991
Property Use Type Investment Lot Size 1.23 AC
Cap Rate 10.20%
Listing ID: 14478853 Date Created: 01/26/2006 Last Updated: 07/20/2006

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.

Highlights

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

Research

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

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

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