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Investment Highlights

  • 28,092 SF anchor tenant plus four retail units totaling 5,988 square feet
  • Prime Vestavia Hills location, directly across from the City’s civic center and municipal court buildings
  • Signalized Intersection
  • 100% Occupancy

Executive Summary

SRS Capital Markets | National Multi-Tenant Advisory is pleased to present an exceptional investment opportunity located in the thriving Vestavia Hills area of Birmingham, Alabama. Vestavia Commons presents a prime Retail/Community Center venture. The Property is newly anchored by The Picklr, Alabama’s first indoor pickleball hub.
Boasting a generous 34,080 square foot building with four units plus the main anchor, this 2016-built asset offers a prime location fronting on Montgomery Highway. With the property at 100% occupancy, investors can benefit from a stable and lucrative income stream. Situated in a high-traffic area, this property provides an ideal position for retailers and community services to thrive.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
34,080 SF
Building Class
B
Year Built
2016
Price
$11,401,000
Price Per SF
$334.54
Cap Rate
7.71%
NOI
$878,715
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.23
Lot Size
3.34 AC
Zoning
B-2 - General Business
Parking
168 Spaces (4.93 Spaces per 1,000 SF Leased)
Frontage
206’ on Montgomery Hwy

Amenities

  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Accommodation and Food Services
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

Chipotle Mexican Grill began in 1993 as a fast-casual restaurant chain built around burritos and tacos, and the business has grown into a broader Mexican-inspired menu that also includes bowls, quesadillas, and salads. Chipotle Mexican Grill owns and operates restaurants and supports digital ordering, delivery or pickup, catering, group ordering, rewards, and other guest-facing services through its consumer channels. Chipotle Mexican Grill's purpose centers on cultivating a better world, with values tied to real ingredients, responsible sourcing, and an employee culture built around respect and inclusion. The company continues to expand its restaurant footprint, and digital sales remain a meaningful part of revenue.

  • Accommodation and Food Services
  • -
  • -
  • -
  • Jan 0000

Founded in 1956 as Mike's Subs in Point Pleasant, New Jersey, the business grew from a small seaside sandwich shop into a franchised restaurant brand. Jersey Mike's focuses on submarine sandwiches prepared in store with sliced meats and cheeses, baked bread, and customizable toppings. The company has expanded across the United States and into international markets while keeping its core menu centered on cold subs, hot subs, chicken, salads, sides, catering, and digital ordering options. The brand's service style emphasizes made-to-order sandwiches and a preparation method known as Mike's Way.

  • Services
  • -
  • -
  • -
  • Jan 0000

Supercuts began in 1975 in Albany, California, and grew into a hair salon franchise under Regis Corporation. Supercuts focuses on no-appointment-required hair services for men and women, including cuts, colour and related salon services, alongside online check-in and wait-time tools. Supercuts also sells professional hair care products through salons, adding a retail element to the service model. Today, Supercuts maintains a broad salon network across the country and is known for a practical, standardised approach to everyday hair care.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Accommodation and Food Services - - Lorem Ipsum Jan 0000
Accommodation and Food Services - - - Jan 0000
Services - - - Jan 0000
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100

Nearby Major Retailers

Truist
Red Lobster
Great Greek Mediterranean Grill
First Watch
Publix
Orangetheory Fitness
HOTWORX
Planet Fitness
Starbucks
Jazzercise

Property Taxes

Property Taxes

Parcel Number
28-00-30-3-001-002.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,848,100
  • Listing ID: 39809286

  • Date on Market: 3/17/2026

  • Last Updated:

  • Address: 1031 Old Montgomery Hwy, Birmingham, AL 35216

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