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1100 Montgomery Hwy
Birmingham, AL 35216
CVS: Vestavia Hills, AL · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
10,880 SF
Building Class
C
Year Built
2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.81 AC
Zoning
R3
Parking
63 Spaces (5.79 Spaces per 1,000 SF Leased)
Frontage
200’ on Montgomery

AMENITIES

  • Pylon Sign
  • Signalized Intersection
  • Drive Thru

ABOUT 1100 MONTGOMERY HWY , BIRMINGHAM, AL 35216

This is part of a larger portfolio offering (visit property website for more information): The CBRE Net Lease Property Group is pleased to exclusively offer for sale three corporately-guaranteed CVS assets located in three states: Alabama, Michigan, and Minnesota. The offering consists of 32,640 total square-feet on 6.18 acres. Each of the properties are leased on a NNN basis with ±10 years of primary term remaining and ten 5-year renewal options. During the last three years of the initial lease term, the tenant will not pay rent. The leases are backed by CVS Health (formerly CVS Corporation), the leading American healthcare company that owns CVS Pharmacy, CVS Caremark, and Aetna. The sites are positioned within strategic markets for CVS with an average population of 50,601 and average household income of $113,292 within a 3-mile radius. Properties are being offered as a portfolio and one-off basis. Portfolio offers preferred.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
28-00-30-3-002-011.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$566,000
  • Listing ID: 17974686

  • Date on Market: 12/16/2019

  • Last Updated:

  • Address: 1100 Montgomery Hwy, Birmingham, AL 35216

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